Insurance Telematics Market

Insurance Telematics Market

Insurance telematics is vehicle insurance in which the prices depend upon the vehicle type and is effectively calculated against the driver’s behavior, time & distance traveled, and several other categories. Telematics insurance is different from traditional insurance that rewards and differentiate drivers by offering lower premiums. A black box is installed in the vehicle to determine and monitor the driving style, braking conditions, cornering, and several other skills of the