Driver Assistance Helping Keep Accidents Down Despite Bad Habits

Distracted driving and major speeding violations are on the rise, and technology will play a key role in helping to keep drivers safe and shaping the auto insurance customer experience, according to a new report from LexisNexis Risk Solutions, a provider of advanced analytics services for businesses and governmental entities.

The U.S. Auto Insurance Trends Report aggregates annual market data about auto insurance shopping, underwriting, and claims, and explores how technology is increasingly shaping the auto insurance lifecycle.

The report shows the importance of having comprehensive data about individual policyholders and their vehicles to provide accurate pricing.

In fact, it’s more important than ever for insurers to have this, says Adam Pichon, vice president and general manager, auto insurance, at LexisNexis Risk Solutions.