cwoodcox
Well-Known Member
- First Name
- Corey
- Joined
- Mar 31, 2021
- Threads
- 0
- Messages
- 182
- Reaction score
- 201
- Location
- Montreal, QC
- Vehicles
- 2012 Ford Expedition
- Occupation
- Software Engineer
They probably do, currently. Those dongles are a pretty poor method of data collection. Typically they define âeventsâ that increase risk, and merely count those events and calculate a score. The events may or may not be based on actual data.It's 100% true. Have you ever reviewed how insurance companies use their dongle? Brisk acceleration, hard braking, and driving over the speed limit all count against you for rate purposes.
Insurance companies ABSOLUTELY use speed against their customers.
My point is that with better data collection an insurance company could use better raw data to learn that they are watching the wrong data points like driving over the speed limit.
If they get better raw data and find that it does indeed correlate with higher cost to them, then they should of course charge speeders more. Just because probability hasnât had an effect on you personally doesnât mean it wonât ever.
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