Study analyzes benefits of tracking devices for auto insurance

A new study from Olin Business School analyzes driver monitoring devices and the effect it has on insurance rates.

How Do Those Car Insurance Tracking Devices Work?

Some insurance companies offer programs that track your driving habits using telematics technology. If you practice safe driving, you could earn a discount ...

Car Insurance Telematics Pros and Cons - Consumer Reports

Letting your car insurance company monitor your driving with telematics can save you money but raises privacy concerns, Consumer Reports ...

Want Your Auto Insurer to Track Your Driving? Understanding ...

Imagine a world in which your auto insurer monitors your driving using a cell phone, embedded technology, or a device. The insurance company receives data ...

What Are the Advantages of Having a Vehicle Tracking System?

4. Cost Saving ... Car insurance companies still give rebates on insured vehicles that have tracking systems because of the low risk of theft. The ...

The Benefits of Tracking Devices for the Insurance Sector

Insurance providers can benefit from using GPS trackers in several ways. By collecting and analysing GPS data from insured assets and vehicles, insurance ...

GPS fleet tracking: 4 ways to reduce your insurance | WEX Inc.

Insurers know that the more a vehicle is driven, the higher the chances of any type of accident. This advantage to GPS use lowers insurance ...

The Debate over Tracking in Usage-Based Insurance Omri Ben ...

The tracking technology at the heart of this article is embedded in devices that record how a car is driven and report the data to auto insurance companies.

How Do Car Insurance Tracking Devices Work? - Masters Insurance

Car insurance tracking devices, often called telematics, collect and analyze ... Benefits of Using Car Insurance Tracking Devices ... learn more about our auto ...

Understanding the Benefits of Telematics in Auto Insurance

Insurance companies analyze various driving behaviors when evaluating telematics data, aiming to discourage habits that increase the risk of ...

Based on your actual experience, what is your opinion of the ... - Quora

Yes, they can be used to reduce car insurance. · As a matter of fact, there are tracking devices that are actually called “insurance” trackers ...

Automakers Are Sharing Consumers' Driving Behavior With ...

LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars, ...

Does Usage-Based Auto Insurance Benefit Drivers? - UBC News

Literature Review. To our knowledge, our study is the first empirical study analyzing customers' sensor-based data ... monitoring device in their car. As shown in ...

Business & Entrepreneurship - Page 30 of 156 - The Source ...

Study analyzes benefits of tracking devices for auto insurance ... A new business study involving Washington University in St. Louis provides analytical theories ...

Black box technology, usage-based insurance, and prediction of ...

Second, this research provides new knowledge on the psychological drivers of consumers' intentions to adopt telematics and black box technologies in auto ...

GPS Vehicle Tracking Reduces Insurance Premiums - Inseego

GPS tracking systems fitted to each fleet vehicle can measure a range of safe driving behaviors — obeying speed limits, safe cornering, a gentle driving manner ...

The Ultimate Guide to Vehicle Data - J.D. Power

This data can be collected from a variety of sources, including in-car sensors, GPS data, and even social media. By analyzing this data, insurers can better ...

7 Key Benefits of GPS Tracking System | Live Fleet Visibility

Adding more GPS tracking devices acts as a deterrent against theft and unauthorized use, helping to protect valuable assets and reduce insurance ...

Bibliometric review of telematics-based automobile insurance

Policyholders, on the other hand, benefit from enhanced transparency, as they can track their driving data and receive personalized insights into their risk ...

Perception of the benefits of using tracking systems by trucking ...

The main factor motivating the use of tracking systems was found to be to reduce hijackings, although the respondents in general considered that ...