Customers agreeing to adopt sometimes-invasive technology to get their coverage renewed
Insurers have a message for America’s truckers: Let us monitor your every move or we might take away your coverage.
Behind the push are surging losses for many insurance companies as an improved economy has led to more-crowded roads and more accidents. Meanwhile, smartphones have proliferated, increasing distracted driving. Last year, the commercial auto-insurance industry lost an estimated $716 million before taxes on policies, as...
This has been coming for a long time and I imagine it will pretty soon be universal. Some drivers will see premiums go down and others rise.