The auto insurance business model has not changed in decades, despite great technical advancements that could make auto insurance much fairer and less costly for customers.  This forum is intended for customers to vent  and provide suggestions and feedback for a policy designed from the ground up for you, the customer.

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What is usage based insurance?

Norman Neher
Member Admin
Joined: 2 years ago
Posts: 4
Topic starter  

UBI or pay-as-you-drive is simply billing a insurance customer for  coverage based in large part on how much they drive. Its a simple concept that can be applied by using internet-based mileage reporting and a telematic device. The device can be programed for how much or how little data is collected, depending on who is doing the driving. And the customer decides what data is collected, the minimum being distance driven.