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Tesla Rolls Out Usage-Based Insurance. Why Should You Care?

With Tesla offering real-time usage-based insurance, can we expect a major shift in the car insurance industry? The car insurance market has been heating up for hears, and the transformation towards telematics-based insurance is inevitable and cannot be avoided nor prolonged anymore.

How discriminative is your car insurance?

Telematics is what’s shifting the insurers’ discriminating models from socio-economic and non-driving factors towards precise claim risk factors. Currently, insurer's proprietary premium pricing models rely on a myriad of more or less non-driving and discriminating factors, such as are age, sex, skin color, ethnicity, etc.
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