Usage-Based Insurance (UBI)

Usage-Based Insurance (UBI) is a way to price insurance. With UBI, how you drive affects your premium. The more safely you drive, the less you pay.

  More of any of these factors is riskier.  More risk equals higher premiums. With traditional insurance, insurers offer a fixed price on demographic and historical factors.

  With UBI, they offer personal pricing based on current individual behavior. As a result, UBI captures individual risk.  Pricing is fairer and more profitable. UBI also helps drivers lower their premiums by driving more safely.

Usage-Based Insurance (UBI)

Some of the parameters taken into effect are

   Harsh Braking

   Sudden Acceleration

   Total K.M

   Daily K.M

   Over Speed

   Zig-Zag Driving

   Accidents Impact Alert

   Service Dues