/PRNewswire/ The automotive usage-based insurance market size is set to grow by USD 69,980.26 million from 2022 to 2027 progressing at a CAGR of 26.79%.
Automotive usage-based insurance market to grow by 25 63% Y-O-Y from 2022 to 2023: Lower number of accidents and vehicle theft possibilities will drive Growth – Technavio insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Analysts at U.K.-based insurance broker Howden Broking Group Ltd. said that the increasing frequency and severity of climate change-driven insured natural catastrophe events is eliminating the need for a distinction between “peak” and “non-peak”’ perils.