Is Vehicle Data Recording Auto Insurance’s Future?

By Daniel Finnegan, PhD., Quality Planning and Christopher Sirota, CPCU. Vehicle data recorders and telematics are not a future possibility, but currently available technologies. As costs decrease, many industries, including insurance, are taking a second look at utilizing these devices to improve services, and to develop innovative solutions. Auto insurers need to be aware of what is possible now and in the near future. This paper presents a brief overview of available devices, and their potential future in insurance.
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