More monitoring ...

[speedking31]

BBC
No mention of what parameters will be assessed from the collected data. Hopefully exceeding the speed limit will be shown not to correlate to claims and so automatic penalties can be done away with.

Tailgating, jumping reds, poor maintenance etc. will not be detected, would be interesting to know if they indirectly affect claims.

[Cotty]

Isn't this just like Drive Like a Girl http://drivelikeagirl.com/ with a black box in the car.

I have a black box in my car its a "drive it like you stole it" box

[Terminator X]

"This, he says, is the future of car insurance: being able to monitor individual drivers to give them lower prices but also to make them better drivers."

If that's the future, I'm oot

TX.

[veevee]

BBC said:

Better big data technologies, like the telematic driving data collected by car companies or even information gathered from social media profiles, can help augment that risk profile.

Wow.

[SrMoreno]

article said:

This is because traditional insurance looks at averages, as opposed to specifics. You fill out a form saying you're a certain age, and drive a certain type of car, and are a specific gender - and that's basically all the data car companies have to assess your riskiness as driver.

I thought they were no longer allowed to use gender for calculating premiums?

[Cotty]

SrMoreno said:

I thought they were no longer allowed to use gender for calculating premiums?

Thats correct.

[maffski]

SrMoreno said:

I thought they were no longer allowed to use gender for calculating premiums?

The article is about US insurers

[scarble]

Cotty said:

SrMoreno said:

I thought they were no longer allowed to use gender for calculating premiums?

Thats correct.

Yet people who don't know this are busily shaping public opinion on the matter.

Maybe if people who actually crash and are found to be at fault actually had their premiums increased accordingly the rest of us who maybe admittedly drive a little enthusiastically but don't crash could be priced fairly?
Or.. you know, if the whole industry wasn't one big scam..

[singlecoil]

I think I would be OK with having my driving monitored if it meant lower premiums, which, bearing in mind how competitive the industry is, it would.

[krallicious]

singlecoil said:

I think I would be OK with having my driving monitored if it meant lower premiums, which, bearing in mind how competitive the industry is, it would.

Conversely, I would rather pay a bit more and not be monitored.

[singlecoil]

krallicious said:

singlecoil said:

I think I would be OK with having my driving monitored if it meant lower premiums, which, bearing in mind how competitive the industry is, it would.

Conversely, I would rather pay a bit more and not be monitored.

I think that's how it works.


I can well understand people not wanting this, and at one time I wouldn't have either.