Insurance companies keep finding new ways to make us pay. Now some are giving you an incentive to let them hook up a spy-device to your car. They obviously are going to charge you more if you drive more miles. But some monitor how often and for how long, you exceed 80 mph. They can even monitor how aggressively you drive including how fast you take corners and brake to a stop. When they get more sophisticated, I can see them determining your location by GPS to see if you are exceeding the posted speed limits. State Farm says that people who have signed up for their program get
about 10 percent off their bill.
My question is: Can this data be used against you in an accident? If they monitor your speed and turning data, can’t this be used against you? The airbag computers already store some incriminating evidence of what was going on just before they deploy and
the courts are having to sort out when this data can be used. Is it worth 10 percent to give up your privacy? Maybe a better alternative is to find a cheaper insurance company.
Reprinted with permission- Import Automotive Parts and Accessories Magazine,