The memory is hazy as to the exact year, but seemingly ten or fifteen years ago an auto insurer offered a novel option for drivers: lower prices if the insurer could track the driving style of the insured. Call it a chip, an automated spy or whatever makes you comfortable, but the insurer would install a device in the cars of its customers. If their driving style tracked as careful, the cost of insurance would decline to reflect this.
The reactions to this innovation were swift. Readers can perhaps guess what they were. “Big Brother” had arrived, Big Business was watching us, our privacy was being trampled on….
Read Full Article »
