Projected growth of telematics insurance policies in Europe 2016-2020

Published by Statista Research Department, Mar 16, 2016
This statistic displays the forecasted growth in telematics insurance policies across Europe from 2016 to 2020. Telematics insurance, otherwise known as usage based insurance (UBI) has been projected to grow ambitiously towards 2020 across Europe, with the United Kingdom (UK) 3.85 percent and Italy 3.2 percent leading the way. Overall telematics insurance policies are estimated to make up nearly 17 percent of the entire European personal lines market.

Projected market growth of usage based insurance (UBI) in Europe from 2016 to 2020, by country

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Release date

March 2016

Region

Europe

Survey time period

2016 to 2020*

Supplementary notes

* All figures are forecasts.

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