ISO Introduces Solutions for Insuring Vehicles with Driver Assistance Features

New policy manual rule and rating factors account for effect of advanced driver assistance systems

Jersey City, NJ (Mar. 25, 2019) – ISO has introduced new solutions to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS). ISO is a Verisk business and a leading provider of forms, rules, and rating information for the property/casualty insurance industry.

“Over the years, we’ve seen an increase in vehicle safety technology, such as blind spot intervention, lane departure prevention, and forward collision warning,” said Jared Smollik, vice president of personal lines actuarial and analytic products at ISO. “Our new rule and rating factors will help insurers apply real-world experience with this technology in support of actuarially sound risk selection and pricing.”

The new solutions include a manual rule and related rating factors for the ISO Personal Auto Program. The rating factors are based on an in-depth actuarial analysis that included a review of loss data reported through the ISO Personal Auto Statistical Plan.

A key finding of the analysis showed that ADAS features have reduced accident frequency, but the effect is somewhat offset by the expense of repairing vehicles with ADAS technology after an accident.

“ISO currently expects collision experience to improve with time as more vehicles with ADAS features hit the road and frequency of accidents continues to drop,” continued Smollik. “Meanwhile, as these features become more common, economies of scale in producing associated sensors and other parts may reduce their cost.”

To complement the release of the new rating factor, Verisk also offers VINMASTER® -VINterpret Safety. It provides electronic delivery of ADAS information using a 10-digit vehicle identification number (VIN), helping insurers determine which vehicles have certain ADAS technology as standard or optional features.

For more information about the ADAS filing and ISO solutions for automated vehicles, visit

About ISO

ISO, a Verisk business, is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise, ISO products and services help insurers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines of insurance. For nearly 50 years, ISO has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers. For more information, please visit

About Verisk

Verisk (Nasdaq:VRSK) is a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows. Verisk offers predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, and many other fields. Around the world, Verisk helps customers protect people, property, and financial assets.

Headquartered in Jersey City, N.J., Verisk operates in 30 countries and is a member of Standard & Poor’s S&P 500® Index. In 2017, Forbes magazine named Verisk to its America’s Best Mid-Size Employers list and to its World’s Most Innovative Companies list. Verisk is one of only seven companies to appear on both lists. For more information, please visit

Source: Edelman for ISO

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