Connected Vehicle Platforms for Dynamic Insurance

by   Christian Colot, et al.
University of Luxembourg

Following a regulatory change in Europe which mandates that car manufacturers include an eCall system in new vehicles, many car manufacturers are adding additional services on top, so that more and more cars become connected vehicles and act like IoT sensors. In the following study, we analyse the maturity level of this new technology to build insurance products that would take vehicle usage into account. For this, the connectivity of recent cars a-priori eligible has been first tested. Then, an ad-hoc platform has been designed to collect driving data. In particular, 4 cars have been connected to this platform for periods of over one month. Our results highlight that, while this technological innovation appears very promising in the future, the pricing, the lack of uniformity of data collected and the enrollment process are currently three pain points that should be addressed to offer large-scale opportunities. In the meantime, this technology might still be used for high value use cases such as the insurance of luxurious cars.


X-CAR: An Experimental Vehicle Platform for Connected Autonomy Research Powered by CARMA

Autonomous vehicles promise a future with a safer, cleaner, more efficie...

Connected Vehicles: A Privacy Analysis

Just as the world of consumer devices was forever changed by the introdu...

DSM-MoC as Baseline: Reliability Assurance via Redundant Cellular Connectivity in Connected Cars

Connected Cars (CCs) and vehicle-to-everything (V2X) use cases require s...

Two-Hop Connectivity to the Roadside in a VANET Under the Random Connection Model

We compute the expected number of cars that have at least one two-hop pa...

Cyber-Automotive Simulation and Evaluation Platform for Vehicular Value Added Services

An easily moving and safe transportation is an indicator in any country ...

Using Data Analytics to Detect Anomalous States in Vehicles

Vehicles are becoming more and more connected, this opens up a larger at...

Please sign up or login with your details

Forgot password? Click here to reset