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Usage-based auto insurance (UBI) is still a relatively new concept in the industry, but it is expected to grow exponentially over the next decade. IHS Automotive says that there will be 142 million global consumers using UBI coverage by 2023, in a study called Auto Tech Report – Usage Based Insurance (UBI).

https://www.shopinsurancecanada.ca/blog/news/usage-based-auto-insurance-on-the-rise-canada-lagging-behind-as-142-million-consumers-will-be-using-ubi-by-2023/