The initiative is aimed at expanding the benefits of connected-car technology beyond convenience and safety.
The programme will assess customers' driving patterns over the preceding three months and assign them a score that participating insurers can use to determine additional benefits at the time of policy renewal.
The initiative is aimed at rewarding safer driving rather than relying solely on conventional insurance pricing models.
Customers with insurance renewals due within the next 90 days will be able to view their UBI scores through Hyundai's Bluelink app and choose to share them with insurers, subject to their consent, while a score of 70 or above may make customers eligible for insurance benefits.
How Hyundai's usage-based insurance works
The score will be calculated using vehicle data collected through Hyundai's Bluelink connected-car platform, without requiring customers to install additional devices.Key parameters include driving dynamics such as rapid acceleration, deceleration and braking, speed control and idling behaviour.
Customers scoring below the eligibility threshold can use personalised driving tips available through the app to improve their driving habits and potentially qualify for benefits at a…