The concept of the connected car is disruptive for both car makers and consumers with usage - based insurance set to playing a key role . Please try your request again. Insurers are therefore looking for ways to work with original equipment manufacturers ( OEMs ) to leverage vehicle connectivity and provide more comprehensive driving data for use in rate setting , as uptake of USB- and smartphone - based data collection among drivers is lacklustre . While technical expertise to analyse data not previously resident at insurance firms may also need to be acquired , the level of data collection sought will only come when more expensive models have modems .
The concept of the connected car is disruptive for both car makers and consumers with usage - based insurance set to playing a key role . Insurers are therefore looking for ways to work with original equipment manufacturers ( OEMs ) to leverage vehicle connectivity and provide more comprehensive driving data for use in rate setting , as uptake of USB- and smartphone - based data collection among drivers is lacklustre . While technical expertise to analyse data not previously resident at insurance firms may also need to be acquired , the level of data collection sought will only come when more expensive models have modems .