Drivers Accept Monitoring Devices, To Earn Discounts on Auto Insurance


Jim Henry
Forbes
September 30, 2012

More and more drivers are inviting their insurance companies to ride along and monitor their driving.

The idea behind so-called “pay as you drive” or “usage-based” insurance is simple enough. As State Farm puts it: “Safer drivers should pay less for auto insurance.”

[...] But privacy advocates worry that the new forms of insurance discounts – especially policies that employ GPS data — create the potential for corporations to monitor a lot more than just how many miles we drive, and how fast we do it, especially location.

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