Usage-based insurance (UBI) is one of the most revolutionary shifts in pricing our industry has experienced over the past decade. Consumer demand is growing and carriers are rising to meet that demand with nearly 30 carriers offering usage-based programs. Progressive’s director of agency marketing, Kevin Ament, discusses the current UBI landscape in a recent Insurance Journal On Point podcast. During the interview, Kevin defines UBI and the benefits and challenges for consumers, carriers and agents. He provides tips and best practices for becoming more familiar with usage-based insurance and ways to maximize the programs within your agency.
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