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A comment on GM collects driver behavior data then sells access to insurance companies. Parent comment

Re:GM collects driver behavior data then sells access to ins... by DangitBobby on Friday April 26, 2024 @12:28PM (#40171273)
This doesn't really have anything to do with the question. It's not about the gradual increase of rates over time generally, it's about relative rates due to behavior tracking.

If reckless driving can increase insurance premiums relative to others while ideal driving has no effect on your relative premium, it's just a naked money grab. All downside means drivers should be against it.

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Re:GM collects driver behavior data then sells access to ins... by vel0city on Friday April 26, 2024 @03:27PM (#40173077)
> Does anyone's insurance go down?

This was the question. A huge chunk of a lot of people's insurance isn't the insurance to fix your car, it is to fix the other guy's car. If the average cost to fix the other guy's car keeps going up, your insurance will end up going up given a fixed risk level.

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