Your Car’s Telematics Can Lower Your Car Insurance Costs

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The next time you buy an automaker’s new car, truck or SUV, you might also buy its insurance.

Like other OEM systems, GM’s telematics-based insurance uses OnStar to collect data and measure driver behavior.

Selling insurance could be a new profit center for automakers, as companies like Tesla and GM are expanding their efforts at selling it. The move comes as the data created by cars themselves is used to not only provide lower insurance…

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