NYTimes article a few years ago on how car insurance companies were using such data. Tracking sudden stoos, driving at night, driving faster than 80 mph, etc.
I wonder why “80 mph” was picked as an arbitrary value. In rural areas of Utah we have 80 mph posted limits and prima facie speed laws. A lot of Utah drivers regularly exceed 80 MPH and I’d argue they do so legally. It’s just a weird number for them to pick.
Note that they are also looking at night driving, which as far as I know is legal everywhere, but someone who spends a higher percentage of their time driving at night probably is a bigger risk for the insurance company than a similar person who doesn't drive as much at night.
iirc in CA it's 20mph over the speed limit, or speeds over 80.
The insurance companies probably want to know who to raise rates on.
Interesting to me. I wonder what are they doing right.
legally and unlikely-to-make-expensive-consequences are separate items that insurance exists to differentiate
why shouldnt people driving on such dangerous roads have to pay higher insurance rates?
Until this legal regime changes, we will constantly be playing whack-a-mole with laws like this.
Check before relying on that.
> Exchanging private and personal user data without consent and without users being aware of it
It doesn’t hurt them, just lets us make better decisions, after all. There does not exist a good reason they’d object!
It's like when the internet made it possible to look up the price of good easily how it made it less likely for buyers to be able to lowball people. These price guides may be bad for these buyers, but it provides a more fair deal for these seller.
It’s positive sum from a wealth-weighted utility calculation though. And that’s why it happens.