CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Usage-Based Insurance

State Farm and Ford Partner on Usage-Based Insurance

August 28, 2020 By CollisionWeek Editor

State Farm and Ford announced that they have entered into an agreement to share connected vehicle telematics data for usage-based insurance (UBI) products. State Farm customers with eligible connected Ford vehicles will be able to opt-in to Drive Safe & Save, the voluntary usage-based insurance (UBI) program by State Farm that uses vehicle telematics to […]

Filed Under: News Tagged With: Agreements Signed, Ford Motor Company, State Farm, Usage-Based Insurance

Volkswagen Car-Net selects CCC Information Services for Insurance Telematics Services

August 11, 2020 By CollisionWeek Editor

CCC Volkswagen App

CCC Information Services Inc. and Volkswagen Car-Net announced today that CCC has become the automaker’s exclusive provider of insurance telematics services for the newest generation of VW Car-Net, included in most model year 2020 and 2021 vehicles. Upon customer consent, the CCC X data exchange will utilize driving data from Volkswagen Car-Net, the automaker’s connected […]

Filed Under: News Tagged With: Agreements Signed, CCC Information Services, Telematics, Usage-Based Insurance, Volkswagen

LexisNexis Launches Telematics OnDemand with Root Insurance

July 27, 2020 By CollisionWeek Editor

LexisNexis Risk Solutions launched LexisNexis Telematics OnDemand, a solution that seamlessly integrates telematics-based driving behavior data into insurer rating and underwriting workflows. Root Insurance is the first to adopt Telematics OnDemand. The solution enables U.S. auto insurers to access a consumer’s existing telematics data in near-real time at point of quote in order to more […]

Filed Under: News Tagged With: Agreements Signed, LexisNexis Risk Solutions, Root Insurance, Telematics, Usage-Based Insurance

Ford Motor Company Launches Usage-Based Insurance Program in Partnership with Nationwide Insurance

February 24, 2020 By CollisionWeek Editor

Ford Insure

Customers can opt in and share driving data with Nationwide, will have access to Nationwide Accident Forgiveness option as well as collision repairs using genuine Ford parts. Ford Motor Company announced a partnership with Nationwide Insurance to offer a usage-based insurance program to new vehicle owners. Ford Insure and Lincoln Motor Company Insure, powered by Nationwide, […]

Filed Under: News Tagged With: Agreements Signed, Ford Motor Company, Nationwide Insurance, Usage-Based Insurance

Toyota Teams up with Progressive Insurance on Usage Based Insurance

April 15, 2019 By CollisionWeek Editor

Progressive Insurance and Toyota Insurance Management Solutions (TIMS) are partnering to provide owners of connected Toyota vehicles with an opportunity to seek insurance discounts from Progressive. Toyota owners who consent to share driving data from vehicles equipped with Toyota data communication modules will have the opportunity to share their information with Progressive for a potential […]

Filed Under: News Tagged With: Agreements Signed, Progressive, Toyota Insurance Management Solutions, Usage-Based Insurance

Nissan Joins LexisNexis Telematics Exchange

April 12, 2019 By CollisionWeek Editor

LexisNexis Risk Solutions announced that Nissan North America has joined the LexisNexis Telematics Exchange.  LexisNexis develops solutions to enrich the customer journey and deliver usage-based insurance (UBI) programs for vehicle owners to easily enroll and participate, giving drivers the opportunity to lower their insurance premiums and reduce the cost of vehicle ownership. Mileage data from […]

Filed Under: News Tagged With: LexisNexis Risk Solutions, Nissan, Telematics, Usage-Based Insurance

UK’s RAC Adds Telematics Diagnostic Monitoring and Repair Referrals to Usage-Based Insurance Program

May 10, 2018 By CollisionWeek Editor

RAC logo

Insurer will monitor diagnostic trouble codes and offer preemptive maintenance alerts and referrals for its usage-based insurance customers Every driver taking out RAC Black Box Car Insurance who opts for complimentary RAC breakdown coverage or already has existing RAC roadside assistance coverage is now automatically being given access to the RAC’s new state-of-the art ‘connected’ […]

Filed Under: News Tagged With: Diagnostics, RAC, Telematics, Usage-Based Insurance

Metromile Announces Automated Direct Repair, Rental Car and Claim Payments Programs

December 6, 2017 By CollisionWeek Editor

With the pay-per-mile insurer’s AI smart claims system, eligible customers can opt-in to automate the collision repair shop and rental car experience as well as claim payments. Metromile, the pay-per-mile car insurance provider in the U.S., announced three new claim process  enhancements with automated Direct Repair, Car Rental and Claim Payments Programs, powered by its […]

Filed Under: News Tagged With: Direct Repair Programs, Metromile, Usage-Based Insurance

Octo Telematics Completes Acquisition of Willis Towers Watson Usage Based Insurance Assets

December 4, 2017 By CollisionWeek Editor

Octo Telematics logo

Octo Telematics (Octo), the UK-based global provider of telematics for the auto insurance industry, announced that it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson that was announced in October. This acquisition includes Willis Towers Watson’s DriveAbility solution and the DriveAbility Marketplace. Additionally, Geoff Werner, Global Telematics Leader, will […]

Filed Under: News Tagged With: Acquisitions, Octo Telematics, Telematics, Usage-Based Insurance

Usage-Based Insurance Projected to Grow to 142 Million Subscribers Globally by 2023

May 13, 2016 By CollisionWeek Editor

In 2015, close to 12 million consumers globally subscribed to this type of insurance, according to a new report from IHS Automotive, part of IHS, Inc. (NYSE:IHS). The number of consumer subscribers to UBI is expected to grow to 142 million globally by 2023, according to the IHS report. This specific type of automobile insurance […]

Filed Under: News Tagged With: Usage-Based Insurance

  • « Previous Page
  • 1
  • 2

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Repair Education Foundation Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Scholarships Service King Collision Repair Centers Texas United Kingdom Workforce Development

Recent Articles

  • March Total New-Vehicle Sales Pace Projected to Increase Over Last Year March 24, 2023
  • Fix Auto USA Adds Collision Repair Center to Network in Tujunga, California March 24, 2023
  • LKQ Europe Partners with European Council for Motor Trades and Repairs March 24, 2023
  • Universal Technical Institute Announces Purchase of Primary Buildings for Orlando Campus March 24, 2023
  • Legislation to Limit Length of Automotive Design Patents Re-Introduced in U.S. House of Representatives March 23, 2023
  • Coalition of 23 State Attorneys General Urge Kia and Hyundai to Address Vehicle Theft Issues March 23, 2023
  • GHSA, Ford Fund Provide Grants to States to Advance Safe, Equitable Mobility for Teens March 23, 2023

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2023 - QuanDec Corporation - All Rights Reserved · Log in