Some of the biggest U.S. auto lenders are socking away significantly more money to cover higher losses ahead. The upshot for dealers and customers is likely to be tighter credit down the road, especially in subprime.
Your car insurance premium is determined by the make and model of your vehicle and the claim statistics for that particular model. It may appear to be a discrimination, but most of the times, people are unaware of the procedures involved with the purchase of an auto insurance policy. With IOT spreading its wings to engulf every area of productivity, the same can be coupled with insurance to widen their portfolio of financial services and revamp their insurance value chain.
Connected car technology
Even though modern cars use advanced electronic systems that control a wide range of...