Allstate Wants to Track Your Driving to Determine Your Car Insurance Rate

#2
#2
There have been voluntary methods on this for ages. I know Progressive has a data tracker they plug into your OBDII port to get driving habit information. The wife’s new Lexus RX tattles on me to her in an app when I do hard acceleration or braking.
 
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#5
#5
utvolpj said:
Curious why this is now news. Been going on for a while at different companies
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Voluntarily. This article appears to be indicating Allstate is working with some state insurance regulators to use telematics instead of the agreed upon credit scores used in the past
 
#6
#6
UT_VOLS13 said:
Voluntarily. This article appears to be indicating Allstate is working with some state insurance regulators to use telematics instead of the agreed upon credit scores used in the past
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and I have to use Allstate now?

maybe instead of just posting links all over with zero info you could start to include actual words in your posts. Would be helpful
 
#7
#7
Who is causing more problems on the road? The 21 year old with good reflexes and coordination who may drive more and a little faster or the old blue hair who doesn't know if he's in his driveway or on the interstate?
 
#8
#8
utvolpj said:
and I have to use Allstate now?

maybe instead of just posting links all over with zero info you could start to include actual words in your posts. Would be helpful
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No, I will take you advice and file it accordingly.
 
#9
#9
Hunerwadel said:
Who is causing more problems on the road? The 21 year old with good reflexes and coordination who may drive more and a little faster or the old blue hair who doesn't know if he's in his driveway or on the interstate?
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Statistics say the younger drivers.
 
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#10
#10
Hunerwadel said:
Who is causing more problems on the road? The 21 year old with good reflexes and coordination who may drive more and a little faster or the old blue hair who doesn't know if he's in his driveway or on the interstate?
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Statistics say it's the 21 year old . . . and it's not close. Actuaries figure out this kind of stuff.

None of this is new.
 
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#12
#12
Vol423 said:
...and it has absolutely nothing to do with reflexes and a lot more to do with poor, (aggressive) decision-making.
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Yep . . . Insurance companies stay in business for a reason. The loss ratios are predictable and well known at this point.
 
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#16
#16
GAVol said:
They'd do just fine without the mandates. Rates would just be higher because of increased uninsured motorist claims and moral hazard.
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Agreed.

I still haven't understood why insurance companies do not require formal drivers education as a condition of writing a policy. Heck I still don't understand why TN doesn't require it before issuing a license.
 
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#17
#17
hog88 said:
Agreed.

I still haven't understood why insurance companies do not require formal drivers education as a condition of writing a policy. Heck I still don't understand why TN doesn't require it before issuing a license.
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I agree 100%. Most companies steer people that way with a discount, but they'll let just about anybody that can fog a mirror have a drivers license. The hardest thing to believe is that .GOV hasn't figured that out and made it a state function that they can charge for lol.
 
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#18
#18
GAVol said:
I agree 100%. Most companies steer people that way with a discount, but they'll let just about anybody that can fog a mirror have a drivers license. The hardest thing to believe is that .GOV hasn't figured that out and made it a state function that they can charge for lol.
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Class mate of mine caused an accident on her test and still passed.
 
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#19
#19
GAVol said:
I agree 100%. Most companies steer people that way with a discount, but they'll let just about anybody that can fog a mirror have a drivers license. The hardest thing to believe is that .GOV hasn't figured that out and made it a state function that they can charge for lol.
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It is a requirement in VA, you either took it at school or through a private course but had to have it to get your DL. Insurance was much cheaper there also.
 
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#21
#21
This is called telematics.

This is becoming industry standard.

The ap on your phone already does this.

Hypothetically this allows for a much more personal snapshot.
 
#22
#22
NEO said:
This is called telematics.

This is becoming industry standard.

The ap on your phone already does this.

Hypothetically this allows for a much more personal snapshot.
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My rate is going down like a fat girl at a frat party. Unless rolling thru stop signs, stopping on interstate merge lane, aggressive road rage, and dui are tracked.
 
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#23
#23
hog88 said:
It is a requirement in VA, you either took it at school or through a private course but had to have it to get your DL. Insurance was much cheaper there also.
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I don't remember if TN required it but my parents sure did for the 4 of us. That plus our good grades dropped the rates but I still can't imagine how high they were
 
#24
#24
utvolpj said:
I don't remember if TN required it but my parents sure did for the 4 of us. That plus our good grades dropped the rates but I still can't imagine how high they were
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It's not, I was surprised when our oldest got his learners and asked when he was taking drivers ed.
 
#25
#25
utvolpj said:
I don't remember if TN required it but my parents sure did for the 4 of us. That plus our good grades dropped the rates but I still can't imagine how high they were
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When I added my son a few years ago, the agent was taken aback when I told her that I did not want her to tell me how much my insurance was about to increase. And that I’d just check online tomorrow after the change processed and I had a drink in my hand.
 
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