Revolutionizing Insurance: The Growth of Usage-Based Insurance In the ever-evolving landscape of insurance, one particular trend has been making waves in recent years: usage-based insurance (UBI). Also known as pay-as-you-drive (PAYD) or pay-how-you-drive (PHYD) insurance, UBI is transforming the way insurance premiums are calculated and offering policyholders a more personalized and potentially cost-effective approach to coverage. Let's delve deeper...
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