Usage-Based Insurance (UBI), also referred to as telematics-based insurance, has been experiencing a growing global diffusion. In addition to being well established in countries such as Italy, the United States, and the United Kingdom, UBI adoption is also accelerating in emerging markets such...

We document that increases in property insurance premiums reduce mortgage originations. The effect is strongest for the rate refinancing and cash-out refinancing segments. We show that denials associated with increased premiums are significantly more likely attributed to high debt-to-income...