Telematics the next big thing?

[Sean]

I have been doing a ton of reading lately and found this article about telematics interesting:

http://www.autosphere.ca/carcarebusiness/2013/09/17/special-file-training-for-technology/

[telematics]

Hi,

 

Telematics could well be a big thing over the next few years. There are really exciting things happening in-car such as gesture based controls, infotainment and not so exciting but also insurance. I run telematics.com and joined to post the link to my site to read more having read your post and article (not a bot or machine!!). We talk to a lot of the big car manufacturers and they are investing millions in telematics. In 2015, all cars in the UK will have what is known as eCall too which will be built into cars as standard, this will save lives through better diagnostics and roadside assistance and has been well adopted abroad.

 

If anybody has any more questions about it i would be happy to answer

 

Thanks

 

 

[ATLAuto]

Interesting. Progressive sent me one of these devices a few years back. I plugged it into the OBD2 port, and it tracked my driving. Supposedly, Progressive would lower my rates if I drove carefully. I never saw a change in the price, but I did not pursue it very hard.

 

Pairing this with a 4G wireless network, giving shops access to the data, and pairing it with a shop management program will be powerful for both consumers and the shop if used wisely.

 

Edited September 18, 2013 by Wes Daniel

[telematics]

Some insurers do pay as you drive meaning that you just pay differently according to miles driven. Lower mileage drivers will pay less than high volume drivers. Others are introducing pay how you drive which measures braking, speeding, areas you drive to, cornering and more. In the UK we have the "black boxes" added to cars but the US is about to see a big surge in these types of usage based insurance. Just came back from Chicago insurers conference which said that 9 out of 10 of the main insurers in the US have a telematics policy,