Progressive Direct Launches Pilot Test in Iowa Based on Drivers' Mileage
Midwest News • March 20, 2006
Iowa-based Progressive Direct Insurance has kicked off a pilot program aimed at providing discounts to policyholders based on the mileage on their odometers. The premise, according to ...
Insurance Journal is not responsible for the content of the message below.
Subject: RE: Discounts based on mileage from Drive Insurance
Posted On: March 21, 2006, 2:48 pm CST
Posted By: Small Potatoes
Comment:
This is the beginning of BIG BROTHER the ACTUARY and the Auto Insurance Policy. Can't you see it, if you volunteer to host a device that sends speed, miles driven, time and date of location etc to the auto insurance company, they will give you a big discount, otherwise, if you dont volunteer to have this data sending instrument hosted on your auto, your rates will be much more expensive. Good luck trying to explain that accident with the deer at 2am coming home from the late night church meeting. Your insurance company will already know that you left the address of the local BAR just before driving off the road to hit that TREE and subsequently cancel your insrance and report your claim details to the National Claim Clearinghouse which will make you undesireable for any other standard insurance company rendering you to obtain your next auto policy with the states high risk JUA.
Technology will be the new morality.
So what, I don't have anything to wory about!
Angelic
Subject: RE: Discounts based on mileage from Drive Insurance
Technology will be the new morality.
So what, I don't have anything to wory about!
Angelic