One more partnership between an auto manufacturer and an insurer to provide driver insurance leveraging telematics.
"Nationwide and Toyota have partnered to help acquire usage-based insurance customers using the carmaker's connected vehicles.
Buyers of model year 2018 to 2020 cars with the Toyota Communications Module who buy a Nationwide SmartRide policy get an immediate 10% discount once they opt into sharing their data. It's currently available in Arizona, Ohio and Texas."
Digital Insurance Feb 25th 2020
Where is this leading? Also read: Will most car manufacturers & auto insurers disappear in less than a decade?
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