Distributed Social Proof Insurance: The Next Industry Game-Changer?

By | February 12, 2018

  • February 12, 2018 at 10:02 am
    vox sanitus says:
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    I’m frightfully sorry, but Social Proof is no proof at all unless one knows the trustworthiness of the validator. Perhaps in the UK, people are so careful when they vouchsafe and wouldn’t dare be dishonest. But, that would mean that human nature is void in the UK, an unlikely
    state of being. Anything promoted as “social” in the era of social media is pure tommyrot.

    • February 13, 2018 at 1:54 pm
      CarrierGuy says:
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      It looks like they are not “trusting” the validator, they intend to charge that person’s credit card. “For her participation in the deal, Mary must assume limited financial responsibility for a third-party deductible—in this case $550—if John files an at-fault claim.” Doesn’t that make it work?

  • February 12, 2018 at 3:41 pm
    DL says:
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    This is the biggest load of BS!! You are actually going to pit friends against each other for monetary gain (your example My friend has a gym membership but never goes there.) Are you kidding me??! And you will call this an insurance company? No one in their right mind would say “My friend is a good driver, go ahead and put me on the hook for $550 if he has an accident.” What kind of an idiot would sign a contract to pay you $550 for their personal opinion that their friend is a good driver? Go ahead and bring this to the U.S. and we’ll sue you for everything you have. Idiots!

  • February 13, 2018 at 6:48 am
    Tax Cuts 4 PolaRich Bears says:
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    An article worthy of publishing on The Onion. Let me check my calendar… is it 4/1 already?

    • February 19, 2018 at 12:40 pm
      Agent says:
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      Polar, I am afraid anything with the word Social in it is a scam.

  • February 13, 2018 at 1:41 pm
    chris says:
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    This is crazy. I have friends that I would vouch for them; I know they are excellent drivers. However; anyone could have a lapse at some time and could be in an accident. I’m not going to be responsible for their deductible. Tax Cuts you are right – is this an article from The Onion that IJ picked up as reality?

    • February 21, 2018 at 4:15 pm
      Agent says:
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      Would you vouch for a friend if he were a serial texter while driving?



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