Easy 2 page paper
Outlook for the future of Usage Based Insurance
1) Does the Usage Based Insurance Industry have potential to grow big?
1 How would they do so?
2 Increase in usage among millennials
3 Develop additional incentives for improved driving (i.e. rewards program, discounts, etc.)
2) Possible solutions for wider adoption of UBI
1 Would consumers be open to UBI?
2 How will insurance companies persuade potential consumers?
3 Why is Usage Based Insurance a good idea?
4 What can Usage Based Insurance contribute to the insurance industry as a whole?
Note:
Need 2 full pages of texts that address the above points. (Should exceed 2 pages with graphs and tables included)
Please address both sub topics (bolded) separately. Meaning 1 page should be dedicated to topic 1) and another should be dedicated topic 2)
Please include graph and tables to support your findings.
2 full pages of text (times new roman 12 pt, double spaced)
Graphs and tables does count towards the page count
Please include a reference page at the end (citation)