When launching a Usage-Based-Insurance (UBI) solution, it's essential to Try-Before-You-Buy, not only to make sure that it fits your needs as an insurer, but also that of your customers.
Will the legalization of cannabis have any impact on car insurance? It's a weird thing to ask, but consider that in states where it has been legalized that insurance claims involving traffic collisions have gone up 3% while at the same time the average premium hike was 3.2% (rather than the average 1.6% in states where it wasn't legalized). It would seem that bump in premiums is due to something. Coincidence?
One-size-fits-all car insurance rarely fits anybody!
At baseline.io, we work hard, really hard. Our team comes in every day and busts their humps. Our goal: to create the next, big and greatest insurance solution! So far, we're well on our way towards a prosperous future with Drivn, City.works, Baseline, Behaev and Command Center, it's an exciting time to be an employee here. Our staff comes in early, leaves late, does the occasional weekend when they need to. One of our coders claimed to have dreamt in code. Weirdly, that dream code of his ended up being the answer to a coding problem we had for ages.
Most people tend to only think about insurance 7 minutes a year, if at all. Even then it's either when their premiums are due or they've just had an accident and need to make a claim.