Auto Insurance driving surveillance

[KCUnited]

Insurance companies can 100% raise your premiums based on your driving habits collected by they’re proprietary monitoring device

All states are regulated differently but yeah that’s a fact

[Bearcat]

Originally Posted by KCUnited

Insurance companies can 100% raise your premiums based on your driving habits collected by they’re proprietary monitoring device

All states are regulated differently but yeah that’s a fact

****, the slippery slope is already here!

That sucks, State Farm claims it doesn't, but in my experience they're already one of the gougier ones.

[KCUnited]

Originally Posted by Bearcat

****, the slippery slope is already here!

That sucks, State Farm claims it doesn't, but in my experience they're already one of the gougier ones.

I mean you can get your rate raised by the zip code you live in, whether you did anything or not, just the weather or 100 other things

We’re….errr they aren’t offering you a discount for the privilege to monitor your weather….errr driving habits so we….errr they can save you money

Insurance is risk mitigation, that’s it

[Bearcat]

Originally Posted by KCUnited

I mean you can get your rate raised by the zip code you live in, whether you did anything or not, just the weather or 100 other things

We’re….errr they aren’t offering you a discount for the privilege to monitor your weather….errr driving habits so we….errr they can save you money

Insurance is risk mitigation, that’s it

And investing my money for me, but not giving any of it back.

[KCUnited]

Originally Posted by Bearcat

And investing my money for me, but not giving any of it back.

Investing it at a higher rate of return than what they have to pay out in the aggregate

Hence shedding riskier policy holders by monitoring their driving habits, age of their roofs, and a million other factors

[Bearcat]

Originally Posted by KCUnited

Investing it at a higher rate of return than what they have to pay out in the aggregate

Hence shedding riskier policy holders by monitoring their driving habits, age of their roofs, and a million other factors

Thanks I Hate It GIFfrom Thanks GIFs

[HemiEd]

CP never disappoints, it has been an interesting discussion and I am glad I am not in the business of trying sell people on these programs.

I actually remember when cell phone use in the car while driving was a pretty serious violation and now it seems to have evolved to acceptance.