FOUNTAIN VALLEY, Calif., Mar. 29, 2020 – #Hyundai Motor America introduces the Usage Based Insurance (UBI) program and Driving Score[ii] to promote safe and efficient driving habits and potentially save owners hundreds of dollars on their #auto insurance. Through leading global data analytic provider, Verisk (Nasdaq:VRSK), #Hyundai drivers are now able to share their driving behavior habits with insurers to potentially receive discounts and lower insurance premiums – which is especially important to younger shoppers looking at models such as the all-new #Hyundai Elantra and Tucson. UBI and the Driving Score are now live on MyHyundai.com
“As demand for more transparent #auto insurance pricing grows, usage-based insurance is a powerful way for #Hyundai drivers to have greater control over their insurance costs,” said Manish Mehrotra, executive director, Digital Business Planning and Connected Operations, #Hyundai Motor North America. “Providing our drivers with engaging tools that can promote safer driving habits and unlock new insurance discounts is awesome. Our owners expect this kind of technology and want to pay the right amount. No one wants to pay more than they actually should.”
How It Works
To promote safe driving, #Hyundai drivers can now access a new Driving Score[iii] tool, available through #Hyundai Blue Link and powered by Verisk’s analytics. The new feature provides a personalized Driving Score and helpful safe driving recommendations. Verisk has developed these insights through an extensive examination of key driving characteristics that have a proven correlation with insurance losses, including smooth driving, speed responsibility, driving time of day, consistent driving and time behind the wheel.
Further information in the press release to download
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