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Is Vehicle Data Recording Auto Insurance's Future?

Vehicle data recorders hold great promise for auto insurance. For underwriters, tracking data devices can provide verification for annual mileage, commute distances and garaging location. For actuaries, it can provide modeling data to determine new rating variables and improve the quality of current variables. For claims adjusters, crash data can help weed out bodily injury and physical damage fraud, help determine negligence and generally speed up the adjusting process.


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