Technology Adjusts Insurance Money

[Chip Fetrow]

Um, why not?

I get really good rates on our Honda Civics and similar cars, and  
really dreadful rates on my previous Maserati.  I don't get a great  
rate on my (real) Hummer.

Tell me why that should not be the case?  People who drive Maseratis  
tend to push them.  Hey, ask me!

People who drive Civics, well, not so much.

Mount cameras in my car.  I am all for it.  While my last Maserati is  
gone, I am kind of looking for another.  I don't drive like a jerk, so  
I would LOVE to have a lower insurance rate.  Mount the cameras.  I am  
willing to let them for a lower rate.


This is like helmets and seat belts.

I don't believe the government should REQUIRE helmets or seat belts.

The insurance companies should be allowed to give two rates, one for  
the use of helmets or seat belts, and one with no requirement for them.

If you AGREE to wear a helmet or seat belt, you get one rate, of you  
don't want to wear them, you get a higher rate.

If you are in an accident and you agreed to wear them, and you are  
not, you have NO COVERAGE!

I love my brain too much to ride my motorcycle with no helmet.

I love my body too much to not use a seat belt.

But, that is just me.

--chip

On Mar 14, 2011, at 12:13 PM, tacos-request at amrad.org wrote:

> Message: 7
> Date: Mon, 14 Mar 2011 09:00:38 -0700
> From: "fgentges at mindspring.com" <fgentges at mindspring.com>
> To: Tacos <tacos at amrad.org>
> Subject: Technology Adjusts Insurance Money
>
> This is great.  We install a "driving recorder" in our car and the
> insurance company adjusts your rate depending on how they think your
> driving is. The inference is your rate will go down but why would it  
> not
> also go up? Several companies are now into this.  Next, video cameras
> will record out the front window and the insurance company will watch
> the videos.
>
> Little old ladies that drive to the grocery store once a week will  
> get a
> really low rate.  On the other hand, if you have a heavy foot and a
> really *fun* supercharger, your insurance will cost you extra for your
> driving transgressions.
>
> Perhaps some of our more adventurous members can postulate simple ways
> to fool the recorder to get the Little Old Lady (LOL) rate while doing
> Dayton 500 (D500) style driving around town.  At the same time we
> wouldn't want the LOL to get charged the D500 rate.
>
> See
>
> http://tinyurl.com/4k9r3dx
>
> Frank K0BRA