this post was submitted on 10 Jun 2024
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Is Your Driving Being Secretly Scored? The insurance industry, hungry for insights into how people drive, has turned to automakers and smartphone apps like Life360. (www.nytimes.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 13 points 5 months ago

There are legal hurdles to raising rates based on this data. The simple and obvious solution is to set the starting price as the worst-case driver scenario, then discount down from that.

It's the exact same thing, but worded different.