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Global Usage-Based Insurance Market – Industry Trends and Forecasting to 2026

The global utility-based insurance market has a healthy CAGR of 19.1% for the forecast period from 2019 to 2026. As the name implies, the usage-based insurance is calculated based on the driving style of the vehicle in question. In other words, utility-based insurance is a type of car insurance that depends entirely on the vehicle used, in terms of time, distance, behavior, location and other factors.

Source by dbmrmarketresearch|807762883146645059

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