Why consider telematics for car insurance?
With telematics vehicle insurance and usage-based models, risk is assessed on how people actually drive, not other factors such as who they are or where they live.
This enables fairer pricing, accurate underwriting, reduced likelihood of fraud and safer driving behaviours on the roads - creating data-driven, customer focused, relationships built on real insight and measurable value.
How Digital Mobility Insurance benefits insurers
The benefits of usage-based insurance (UBI)
Reduction in claims:
Optimized loss ratio:
Efficient repair management:
Enhanced fraud mitigation:
Increased customer loyalty:
Safer driving, safer roads with our Vodafone Driving Academy App
When driving behaviour improves, so does overall road safety. It saves lives. 95% of all road accidents are down to human error.* This includes easily avoidable mistakes such as speeding, taking corners too quickly, sudden braking and driver distraction. Vodafone Driving Academy App is the ultimate smartphone telematics solution for encouraging and rewarding responsible driving, while reducing the risk of accidents. The app uses existing sensors in smartphones to monitor how fast a user drives or turns corners, how harshly they accelerate and brake, and it also detects when their smartphone is being used.
*Royal Society for the Prevention of Accidents, 2017