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The Water Cooler
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Usage-based Auto Insurance
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<blockquote data-quote="THAT Gurl" data-source="post: 4242906" data-attributes="member: 45551"><p>Nope. Hard pass from me. There are SO MANY things wrong with allowing the insurance companies access to the computer in your car.</p><p></p><p>1. They've done the math. They know how much of a "discount" they can "give" you and still make money.</p><p></p><p>2. You have a wreck and, regardless of who was at fault, they will use that data from your car's computer to concoct any number of reasons to:</p><p></p><p>A. Increase your premiums back to what they are now. Or worse.</p><p></p><p>B. Deny the payment of claims based on your "tendency" to:</p><p></p><p>a. Drove too fast;</p><p>b. Drive too show;</p><p>c. Drive erratically.</p><p></p><p>NONE of the information they use will take into account driving conditions when you committed any of the above driving "errors".</p><p></p><p>Nothing good will come from allowing an insurance company access to ANYTHING except your payment when your premiums come due. IMHO.</p></blockquote><p></p>
[QUOTE="THAT Gurl, post: 4242906, member: 45551"] Nope. Hard pass from me. There are SO MANY things wrong with allowing the insurance companies access to the computer in your car. 1. They've done the math. They know how much of a "discount" they can "give" you and still make money. 2. You have a wreck and, regardless of who was at fault, they will use that data from your car's computer to concoct any number of reasons to: A. Increase your premiums back to what they are now. Or worse. B. Deny the payment of claims based on your "tendency" to: a. Drove too fast; b. Drive too show; c. Drive erratically. NONE of the information they use will take into account driving conditions when you committed any of the above driving "errors". Nothing good will come from allowing an insurance company access to ANYTHING except your payment when your premiums come due. IMHO. [/QUOTE]
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