Usage Based Insurance Market - Global Industry Forecast, 2019-2027: Expected to Surpass US $200 Bn at CAGR of More Than 30%
Usage-based insurance (UBI) also known as pay as you drive (PAYD) and pay how you drive (PHYD) and mile-based auto insurance is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.
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