Advancements in Telematics Technology - Telematics technology combines telecommunications and information processing, playing a crucial role in enabling UBI. With the development of GPS (Global Positioning System) and onboard diagnostic devices, insurers could capture and analyze real-time data related to driving behavior and vehicle usage. Telematics devices could collect data on factors such as mileage, speed, acceleration, braking patterns, and even location information, allowing insurers to personalize premiums based on actual driving habits. The technology availability dovetailed with the consumer demand for personalized and fair pricing.