Telematics-powered usage-based insurance is entering its second decade of widespread availability in the U.S., and policyholders report positive impressions and experience with it.
That's according to a new survey of more than 1,000 consumers by Willis Towers Watson. Thirteen percent of respondents said they had tried usage-based insurance, and more than 80% of them described the experience as very or somewhat positive. Nine in 10 millenials reported a positive UBI experience.
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