Usage-Based Insurance Market Offers Customized Premiums for Safer...

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2025-01-07 13:39:12

Usage-Based Insurance Market Offers Customized Premiums for Safer Drivers and Cost Savings

The Usage-Based Insurance market is experiencing explosive growth, poised to transform how insurance is delivered and consumed. With a value of USD 49.4 billion in 2023, this innovative market is expected to surge to USD 288.4 billion by 2030, achieving an impressive compound annual growth rate (CAGR) of 28.7%. Let's explore the key aspects driving this evolution, its applications,...

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