silence7@slrpnk.net to Technology@lemmy.worldEnglish · 7 months agoIs Your Driving Being Secretly Scored? The insurance industry, hungry for insights into how people drive, has turned to automakers and smartphone apps like Life360.www.nytimes.comexternal-linkmessage-square129fedilinkarrow-up1528arrow-down16cross-posted to: nyt_gift_articles
arrow-up1522arrow-down1external-linkIs Your Driving Being Secretly Scored? The insurance industry, hungry for insights into how people drive, has turned to automakers and smartphone apps like Life360.www.nytimes.comsilence7@slrpnk.net to Technology@lemmy.worldEnglish · 7 months agomessage-square129fedilinkcross-posted to: nyt_gift_articles
minus-squareNollijlinkfedilinkEnglisharrow-up13·7 months agoThere are legal hurdles to raising rates based on this data. The simple and obvious solution is to set the starting price as the worst-case driver scenario, then discount down from that. It’s the exact same thing, but worded different.
There are legal hurdles to raising rates based on this data. The simple and obvious solution is to set the starting price as the worst-case driver scenario, then discount down from that.
It’s the exact same thing, but worded different.