Clearly written insights into UBI, motor insurance and pricing during and after the current pandemic.
Matteo Carbone adds his expertise in this commentary.
I recently posted a short article about the dramatic impact that COVID-19 restrictions are having on auto accident frequency. Last week several auto insurers introduced plans to proactively refund money or provide credit to policyholders reflecting the dramatic reduction of accident rates. Considering those announcements, several people have asked whether telematics-based products automatically adjusted to the changes in exposure. The only purpose of this post is to answer that very specific question.
https://www.werneradvisory.com/post/is-ubi-the-covid-19-economic-auto-insurance-cure