Would you wear a tracker to get an insurance discount?

[chuckdaly]

What you see as people being penalized would actually be people choosing not to participate in an incentive program. They are not victims. Also, consider that vehicles have become increasingly complex due to tightening government regulation and our demand for technology. I just had a rock crack the radiator on my Volt. The whole front end had to come off...$1200. The part was $250. I went through insurance. If that happened to my first car, I would've replaced it myself.

Right now, it is an incentive program. So I don't currently consider myself or anyone else a victim for not participating, but nor am I or anyone penalized for not participating. As I previously posted, If enough drivers opt-in, those that don't will be forced to opt-in or face higher premiums. I agree auto repairs have risen, but that is more than offset by the lower amount of auto thefts and deaths. Did you think that the standardizing of ABS braking, car alarms, airbags, airbag seat sensors, traction controls, etc, resulted in lower premiums?

 

[TwoClipz]

I would wear a health tracker for sure as long as it did provide them with any GPS data.

 

[William Grafton1]

It would depend on the level of data they were given and the contractual terms of what they could do with that data. I don't see this as much different than the shoppers card I get from my grocery store. They keep track of what I buy on a regular basis and I get the benefit of their lower price points for members and other incentives to get me to continue using their card. Creepily, every few weeks they now send me a series of coupons for items I purchase regularly but may not have purchased recently.

 

[DroidUser42]

It would depend on the level of data they were given and the contractual terms of what they could do with that data.

You're trusting them to follow the contract? One word: Snapchat.

 

[William Grafton1]

Contracts are actionable. I'm an attorney. I'd sue them.