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Factors influencing purchase of telematics motor insurance policies in Europe 2016

This statistic illustrates the factors influencing the decision to purchase telematics motor insurance policies for consumers in Europe as of 2016. It can be seen that 48 percent of respondents stated that a price discount would have a positive impact on their decision to purchase a telematics based policy at that time. On the other hand, 15 percent of respondents stated that having to share driving data with an insurer would negatively impact their decision regarding telematics policies.

Factors influencing the purchase of telematics motor insurance policies in Europe as of 2016

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Source

Release date

November 2016

Region

Europe

Survey time period

15th June 2016 to 15th July 2016

Number of respondents

14,729 respondents

Age group

18 years and older

Special properties

Motor insurance customers

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Statistics on "European insurance market"

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