Study of the Acceptance and Influence of UBI Pricing Factors

• Published in: Journal of the Eastern Asia Society for Transportation Studies Vol. 15; pp. 740 - 759
• Main Authors: WU, Chi-Hung, CHEN, Tze-Yi, CHEN, Youn-Han
• Format: Journal Article
• Language: English
• Published: Eastern Asia Society for Transportation Studies 2024
• Subjects: car insurance premium; on-board telemetric; pricing factor; usage-based insurance (UBI)

In 2008, the usage-based insurance (UBI), that insurance premium was calculated based on driving behavior data recorded with a plug-in telematics device or a mobile APP on board was introduced. Between years 2016 and 2019, 8 insurance companies providing UBI insurance policies were on Taiwanese mark...