What is Insurtech IoT? | Pepper's Scott Ford | Internet of Things Podcast
IoT For All Podcast
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The Mixed Bag of Consumers and Devices
If you put a tracker in your car, they'll discount your auto insurance. You can extend that to home insurance as well. The first issue is what we call install rate. Insurance carrier, males devices to 100 people, the market install rate is maybe 60%, 65%. But if it's not a utility to me as a consumer, why would I plug it in?
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