Global Usage based Insurance Market Size, Forecast 2022-2032
The Global Usage-based Insurance Market Size is expected to reach USD 67.8 Billion by 2032, at a CAGR of 29.2% during the forecast period 2022 to 2032.Unlike traditional auto insurance, usage-based insurance bases the calculation of your insurance price on the quantity of driving you do. Your driving habits and distance driven both play a significant role in determining your vehicle insurance cost.