Benefits of Usage Based Warranty / smart warranty - Connected Corners

Usage Based Warranty (UBW) program: Quick look at 4 key benefits

Quick look at 4 ways manufacturers & providers could benefit from developing usage based warranty (smart warranty) programs
Benefits of Usage Based Warranty / smart warranty - Connected Corners

4 key benefits of UBW programs

As with most modern insure-tech offerings such as Usage Based Insurance (UBI) offerings; Usage Based Warranty (UBW) propositions too present a myriad of benefits; 4 key ones being –

  • Real time personalized warranty propositions
  • Maximize extended warranty take-up
  • Usage Based Insurance (UBI) bundling opportunities
  • B2B partnerships & revenue sharing 

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