Articles tagged with: DriveSure

18July

UBI Opportunity is Knocking

How big is the usage-based auto insurance market?

UBI Opportunity is Knocking

Nobody's certain how large the present market is for usage-based auto insurance, but all the indications are strong that the market is moving past emerging into arrived. Insurance companies are making large financial bets, and are bullish that this new market segment will produce profitable growth. 

Posted in Usage-Based Auto Insurance

16July

Is The Market Ready for UBI?

Sure it's Ready...are You?

Is The Market Ready for UBI?

In a recent survey conducted by Towers Watson (NYSE, NASDAQ: TW), a global professional services company, the conclusion was simple.  Yes!  Consumers are very receptive to UBI auto insurance programs.

The survey concluded that 79% of respondents would be willing to purchase or consider purchasing a usage-based auto insurance product. The group most interested were younger drivers between the ages of 18-34 years, who expressed the greatest interest, while the next largest segment that would be interested in using the device are those who classify themselves as regular daily drivers (54%).

Posted in Usage-Based Auto Insurance

01May

Better Drivers Can Save Money with DriveSure

Better Drivers Can Save Money with DriveSure

Last year Sun Cost General launched its DriveSure usage-based auto insurance program. DriveSure is an innovative way to price auto insurance, providing an optional discount to drivers who use their vehicles less, or for those who avoid harsh breaking and speeding.

Sun Coast General’s DriveSure auto insurance program is a usage-based auto insurance product, sometimes referred to as Pay-as-you-drive, and it rewards policyholders who exhibit save driving or driving characteristics that are associated with lower accident frequency with policy discounts.

Posted in Usage-Based Auto Insurance