63% of U.S. policyholders are ready to switch to a telematics-based premium.

Based on a survey of 1,200 people, this is one of the key takeaways from “Attractive UBI Business Models for US Consumers.” The report, created by CMT in partnership with the IoT Insurance Observatory, provides an overview of telematics use cases and identifies their demand in the face of the current pandemic and subsequent change in driving patterns.