Thanks to inflation, you’re likely paying more for just about everything these days, and car insurance is no exception. Insurers have increased rates by an average of 8.3% so far this year, according to data from S&P Global Market Intelligence, and costs for consumers will likely continue rising, say analysts at Bankrate. For insurers, the price […]
How Telematics Can Mitigate Personal Auto Hard Market Pricing
Tell me if you’ve heard this one before: The insurance market is hardening. Policy rates are going up and independent insurance agents need to help personal lines clients manage those impending increases. However, the story has changed in recent years—through telematics. Some independent insurance agents may be skeptical. That’s to be expected. Many have been hesitant […]
Top 14 Benefits of Telematics Beyond Tracking
When most fleet managers think of telematics, the first image that likely pops up is a digital map with dots showing where their vehicles are at any specific time. “While many fleets have realized the benefits of location tracking, the most successful telematics deployments are those that go beyond GPS. Telematics sits at the heart […]