How Does Telematics Affect Your Car Insurance Premium?

Insight categories: IoTAutomotiveFinancial Services

With the advent of 5G technology, telematics has the potential to see mainstream use in many industries. As it collects data and sends it to a server through a cellular network, telecommunications and informatics can increase productivity, safety, compliance, and optimization.

How can telematics be used in the car insurance industry? Learn how tracking devices can be used to monitor driver behavior, explore the components of the in-vehicle system, and understand how the technology can be used to create insurance premiums that reward safe driving habits.

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