Toyota is bringing Japan 's first wireless - driven auto insurance to market . The car manufacturer has partnered with MS&AD Insurance Group ’s subsidiary Nissay Dowa Insurance for the policies , making coverage available to owners of certain wireless connected car models . The manufacturer will use data provided by these vehicles to determine premium rates . Premiums will also be able to be divided into " performance - based " premiums and " usage - based " premiums , allowing drivers who use their cars less to experience reduced insurance costs .
Toyota is bringing Japan's first telematic-driven auto insurance to market. The car manufacturer has partnered with MS&AD Insurance Group’s Aioi Nissay Dowa Insurance for the policies, making coverage available to owners of certain Toyota connected car models. The manufacturer will use data provided by these vehicles to determine premium rates. Premiums will also be able to be divided into "ownership-based" premiums and "usage-based" premiums, allowing drivers who use their cars less to experience reduced insurance costs.