The percentage of consumers who said they are “uncomfortable” sharing personal information has increased since 2010, from 25 to 35 percent, according to “2013 LexisNexis Insurance Telematics Survey,” from LexisNexis Risk Solutions. Those results are consistent with those of prior separate surveys from Progressive Corp., which have found serious objections from as many as 40 percent of consumers .
LexisNexis also found that consumer awareness of insurance telematics, also known as usage-based insurance (UBI), is on the rise, having more than tripled over the past three years to 36 percent from 10 percent in 2010. Consumers are most aware of Progressive (78 percent), followed by Allstate (8 percent) and State Farm (6 percent).
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