Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020

Share of auto insurance companies who are expected to use telematics usage-based insurance(UBI) in the United States by 2020

This statistic shows the share of auto insurance companies forecast to use telematics usage-based insurance in the United States by 2020. Usage-based insurance is a type of insurance in which the costs are based on driving behaviors of policy holders. By 2020, it is forecast that 70 percent of U.S. car insurers will be using telematics UBI.

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