Usage based insurance is now being seen without rose colored glasses

Usage Based Insurance

Now that it has had its first wave as a novelty, drivers are starting to look at its other side. Drivers across the country are already taking part in the usage based insurance programs being offered by a number of the larger insurers, with the promise of an opportunity for significant savings. However, on closer inspection, some are starting to wonder whether the tradeoff is worth it. Insurers have crated usage based insurance programs that allow motorists to have their driving behaviors tracked by the companies in order to gain…

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