As a new type of insurance in the big data era, UBI is the main product form of internet of vehicles insurance. It can be understood as giving auto owners discounts based on driving behavior diagnosis, or paying mileage fee based on actual driving mileage. The driver's driving habits, driving technology, vehicle information and surrounding environment are integrated through the Internet of Vehicles, smart phones ,OBD and other connected devices to establish a multi-dimensional model of people, cars and roads (or environment) for pricing.
UBI Insurance Problems
Driving Behavior Evaluation
Insurance companies want to directly detect and evaluate driving behaviors rather than bring about a reorganization of risk understanding through indicators used in traditional policies.
Vehicle Condition Record
How to collect driving behavior, get information about where the accident happened, and analyze the cause of the abnormal failure.
Safe Driver Behavior Judgement
In order to regulate the driving behavior of drivers and respond to civilized driving standards, it is necessary to judge whether the driver is driving safely and then give insurance drivers discount.
Vehicle Driving Data Obtention
Collect and store the latest bad driving trip data for analysis including total driving time, mileage, fuel consumption, average fuel consumption, average speed, maximum speed, and number of rapid acceleration and deceleration.
Benefit from WanWayTech Solution
After detecting the collision of the vehicle, it will send the vehicle's collision alarm notification to the back end of the platform, and get the rescue and settlement of claims for exploration to confirm the accident location.
Collect and Upload Data
Diagnostic functions are used to transmit vehicle-related data, such as vehicle speed, speed, steering angle, driving direction, whether the vehicle is faulty, etc., and transmit these data to the background.
Driver Behavior Analysis
Data statistics and reasonable analysis of driver fatigue driving time, night driving time, mileage and speeding, rapid acceleration, rapid deceleration and other behaviors.
Wired GPS Tracking Device
-Remotely cut-off petrol/electricity
-Disassemble alarm: light sensor &
disassemble alarm detection.
-Rapid acceleration or deceleration
/sharp turn/collision alarm notification
-Platform/APP/SMS command checking-Hidden LED indicator design
-Mini size, easy to hide
-IPx5 waterproof design
Long Standby Time Rechargeable GPS
-5800mAh long battery life
-Recycle to charge
-Light sensor & disassemble alarm
-LED hidden indicator design
Tracking&Diagnostics GPS Tracker
-Smart malfunction diagnose
-Smart plug and play
-OBDII port for most vehicles
-Warranty & service
GPS/BDS/LBS positioning, master vehicle location information in time.
History playback for 270 days, easily to get vehicle mileage, locations and other data.
User Define Geo-fence
Support circle, polygon or customized safety or risk area presetting
Various alarm setting and protecting notification upload
Detect vehicle fuel consumption condition
Collect all the vehicles data and form a visual analysis report
Click to experience
UBI insurance partners:
PIC Insurance Co., Ltd