Usage-Based Insurance Provides Strong Benefits to Insurers, But Consumer Adoption Remains Low

Usage-based insurance (UBI) availability continues to grow for auto insurance customers, but customer adoption rates remain sluggish. What are the reasons behind this slow adoption?
Jessica McGregor

Usage-based insurance (UBI) availability continues to grow for auto insurance customers, but customer adoption rates remain sluggish. What are the reasons behind this slow adoption?

I recently had the opportunity to explore this topic and uncover what may make customers more likely to participate in UBI programs in an article I wrote for Carrier Management. You can read that article here

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