Question

How do insurance companies collect data?

I want to ask this question from what is one cost of avoiding insurance subject

The question was asked in unit test.

Other related questions to my question are:

How do insurance companies gather data?

How do insurance companies get my information?

How do insurance companies use data mining?

What data does insurance companies use?

Answer 1

The correct answer by me is: Property and casualty insurance companies are collecting data from telematics, agent interactions, customer interactions, smart homes, and even social media to better understand and manage their relationships, claims, and underwriting.

The title of my answer is 2021 Trends for Predictive Analytics in Insurance

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