Lack of trust in telematics hampering potential
After a survey found only 8% of respondents had received any communication from insurers about adopting telematics-based insurance to help reduce premiums, Fairer Finance’s James Daley said “telematics still doesn’t seem to be fulfilling its potential”.
He said: “It should be helping bring down the cost of motor insurance for many more people by incentivising better driving. There are many reasons why this market hasn’t achieved its potential – and a
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