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Dahl said that his insurance agent told him the price increase was based on data collected by LexisNexis, which compiled a report tracking each and every time he and his wife drove their Chevy Bolt over a six-month period. You can request your free LexisNexis report https://consumer.risk.lexisnexis.com/request
It's an interesting topic, and it would be nice to see more details on the accuracy of the algorithm, but as a conservative driver likely to benefit, I like the idea. If everyone pays the same for insurance regardless of risk it's a terrible deal for those less likely to make a claim. The debate should be about the accuracy of the approach, not the concept.
Earlier quoted context omitted.
> This is, I assume, penalizing aggressive driving that hasn't yet resulted in a citation or accident. If there's no context about the situation then how do they differentiate aggressive driving vs reasonable driving? For example if you're in a 2 lane highway and the left lane is clear but you're behind someone doing 40 mph in a 60 mph on the right lane, so you quickly accelerate and switch lanes to pass them. Super…
I assume they just don't care about exceptions, and just correlate past data to actual claims to adjust their actuarial tables. But to your point, maybe that also penalizes non-aggressive things that result in accidents.
Yep, IMO that's a problem in general. So much is based on case studies in aggregate instead of individuals. The same thing happens with medicine (at least in the US).
Just because 200 people in 1 study demonstrated that X year old Y gender people who live in Z have 7.8917% more likelihood to be in an accident vs the average population which was determined by 20 other studies doesn't mean you or I have the same percent.
Here in Holland, we have insurance companies that give you a smartphone app. This app runs in the background and sends your driving statistics to the company. This is sold as a feature with the promise that if you drive better than average, you'll pay less. Source: https://www.anwb.nl/verzekeringen/autoverzekering/veilig-rij...
This seems reasonable to me: if you do things that statistically correlate to being more likely to cause an accident, why shouldn't the insurance company charge you more? And since it's a relatively small group of drivers who cause the most accidents, if we could identify them the majority would see their rates drop. It's an interesting topic, and it would be nice to see more details on the accuracy of the algorithm,…
Not saying you are completely wrong, but I think there are other measures to stop bad driving.
The whole point of insurance is also the even out the tops and bottoms. If everyone paid their fair share cost for the insurance there would be no point with insurance. You could as well pay the damage yourself when it comes.
https://getyarn.io/yarn-clip/86d0f030-05fd-47d3-b301-44b22bd...
What isn't spying on you nowadays?
my laptop. my camera. my non-gsm vehicle. my garage door opener. my television. my coffee machine. my fridge. my e-reader. my paper library. my turntable. my furniture. my firearms. my hand tools. my bicycle. my luggage. my stove. most of my tools aren’t spying on me. this sort of “privacy is impossible, we shouldn’t fight privacy invasions” is defeatist and toxic imho.
If not, I have bad news for you...
What isn't spying on you nowadays?
my laptop. my camera. my non-gsm vehicle. my garage door opener. my television. my coffee machine. my fridge. my e-reader. my paper library. my turntable. my furniture. my firearms. my hand tools. my bicycle. my luggage. my stove. most of my tools aren’t spying on me. this sort of “privacy is impossible, we shouldn’t fight privacy invasions” is defeatist and toxic imho.
You are ignoring so much of the spying that is going on.
What about your phone? is it connected to cellphone towers? Is WiFi enabled... what about Bluetooth?
Earlier quoted context omitted.
Do you know what basic OS runs on your network card? Bios? Wifi router? Internet provider's whole infrastructure with built-in advanced deep packet inspection? It has been mentioned here in the past - in US there comes a guy (some 3-letter agency, probably NSA), installs new black box at ISP, and goes, nobody has a clue what that thingie does, mandated by law. That was before providers decided to just sell data thems…
What's your threat model? Are you planning to bring down the US empire? If so, why are you using IT at all? Carrier pigeons and one time pads might be the only safe method of communication in that case.
I wonder if the NSA has a trained falcons corps for that...
It sounds a bit like the pre-crime angle from Minority Report . Because aggressive drivers with accidents and citations already pay higher rates. This is, I assume, penalizing aggressive driving that hasn't yet resulted in a citation or accident. Or, maybe, penalizing those that drive in riskier areas , regardless of habits? Might be interesting if someone could push for whether anyone's rates went down as a result o…
A. Their credit related data
B. Their age
C. Their marital status
D. Actual data on how they drive
I feel like D, actual data on how they drive is the most fair. I think there needs to be mechanisms to contest driving events and also regulations on types of driving data allowed, but I think overall it’s by far the most fair and directly related
But actually A B and C are used in most but not all states.