"It is sometimes called “usage-based insurance” and sometimes “insurance telematics.” It’s when you agree to allow your auto insurer to ride along with you — quite literally.If you agree, a constant stream of data flows from your vehicle to your insurer, via a telecommunication device, including how fast you are going, the time of day you are driving, and when and how hard you are hitting the brakes.What’s the purpose? Insurers say they want to reward good drivers with lower premiums: for example, those who drive within the speed limit, mainly during daylight hours, and without frequently jamming on the brakes. (For drivers whose reckless driving habits correlate to higher risk for crashes, higher premiums may result, although few bad drivers are expected to opt in for telematics.)"
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