Usage-Based Insurance (UBI) will be available to owners of all compatible Bluelink-equipped Hyundai cars who have insurance renewals through Hyundai India Insurance Broking (HIIB) coming up within an eligibility window.
UBI works by assigning car owners a score based on how the car has been driven within the preceding three-month period.
Hyundai India has announced three initial partners for the first phase of this scheme: Cholamandalam MS General Insurance, Go Digit General Insurance, and ICICI Lombard General Insurance.
The scheme could help Hyundai India achieve its recently announced target of 10 lakh connected car sales by 2027.
Bluelink is a set of connected-car features available on higher-end trims of Hyundai cars.