South African auto insurance company MiWay developed a new product associated with the insurance they provide MiDriveStyle. This product is very similar to the usage based insurance that can be found in the United States and other countries, but it is has several unique innovations. The premium of each customer is determined by their own “Drive Style” which incorporates many aspects of driving.
Not only does MiDriveStyle read the speed of the vehicle like usage based insurance, but it also can determine the rate of acceleration and deceleration, which can be very helpful in concluding insurance premiums. Another factor that makes this system in South Africa unique is the ability to read swerving of the vehicle, which is one of the fall backs to United States usage based insurance. Lastly, the MiDriveStyle device can also be used as a tracking device. Find more information at auto insurance in Birmingham and get all of the info you want and need.
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