Comment by nemo44x
1 year ago
It would be up to the insurer and how their models reflect and manage risk. The point being, individual insurers would be able to better price insurance based on discrete customer behavior.
1 year ago
It would be up to the insurer and how their models reflect and manage risk. The point being, individual insurers would be able to better price insurance based on discrete customer behavior.
Should cell providers sell customer data/metadata to car insurance providers? It, after all, in the best interest of the insurers.
If there's enough data to suggest that with a high degree of probability people using their cell phones in certain ways while operating a vehicle causes damages then yeah, there should be a market for that. I'm not saying there shouldn't be legislation that limits which types of data can be shared, but certainly if there's useful information that has a market that leads to better safety and lower insurance prices, then I'm all for it.