Over at Jalopnik, Justin Hyde asks a great question: would you be willing to let your insurance company monitor your driving habits if it means lower insurance rates?
Progressive Insurance already has about 100,000 customers signed up for its Snapshot (formerly known as MyDrive) device. It’s a dongle that plugs into a vehicle’s diagnostic port, collecting data about stops, speed and driving time for at least 30 days while wirelessly reporting that data back to Progressive. Drivers who meet Progressive’s standards can qualify for a 25%t to 30% discount.
But what if your driving habits result in higher rates? This strikes me as big-brother surveillance, and I would rather take my chances. Do you agree with the writer that this technology is likely to be commonplace within 10 years?