Research N Reports announces the addition of a new informative report to its enormous database titled a global Automotive Usage-Based Insurance market. It has been summarized with static as well as dynamic aspects of the global market. This informative data of the target market has been compiled through a blend of primary and secondary research. The report has been prepared by analyzing the various attributes of the global market.
Usage-based insurance (UBI) is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place. It more closely aligns driving behaviors with premium rates for auto insurance. The UBI program mainly includes On-Board Diagnostics (OBD) to monitor the driving habits, pay as you drive (PAYD), and pay how you drive (PHYD).
Top Key Vendors:
Vodafone Automotive, Liberty Mutual Insurance Company, Allianz Insurance, TomTom Telematics, Allstate Insurance, Octo Telematics, Metromile, Siera Wireless, Ingenie Service Ltd., AXA Insurance, UnipolSai Assicurazioni S.p.A., and MetaSystems
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UBI has not only allowed users to save premiums, but also helped insurers win the interests. At present, China’s automotive insurance market has high premiums and auto insurance enterprises have higher combined ratio, so the marketization of the motor vehicle insurance rate is vividly portrayed, and thus UBI came into being.
The major strategies adopted by reputable players for a better penetration in the Global Automotive Usage-Based Insurance Market also form a major subdivision of this study. Knowing these strategies can be useful for upcoming companies for better market penetration. The Global Automotive Usage-Based Insurance Market has also been studied in terms of revenue. The various market dynamics such as drivers, challenges, opportunities, and trends coupled with their respective impact analysis have been presented. The impact analysis aids in assembling information on the future development of the market.
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Table Of Content:
Global Automotive Usage-Based Insurance Market Research Report 2019-2025
Chapter 1: Automotive Usage-Based Insurance Market Overview
Chapter 2: Global Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2019-2025)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2019-2025)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Automotive Usage-Based Insurance Market Effect Factors Analysis
Chapter 12: Market Forecast (2019-2025)
Chapter 13: Appendix
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