Re:GM collects driver behavior data then sells access to ins...
by BugsJustFindMe on Friday April 26, 2024 @10:25AM
(#40169832)
> it smells of 'pre-crime' to charge them more for something they didn't do
Ignoring the fact that reckless driving is an actual crime and thing they did, not "something they didn't do", it is also probabilistically the thing that leads to collision damages. Insurance companies are probability companies first and foremost. It absolutely makes sense for them to charge more to cover behavior that is more likely to lead to payout.
Ignoring the fact that reckless driving is an actual crime and thing they did, not "something they didn't do", it is also probabilistically the thing that leads to collision damages. Insurance companies are probability companies first and foremost. It absolutely makes sense for them to charge more to cover behavior that is more likely to lead to payout.