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

[ChargerChallenger]

YIKES😱

Allstate is a leading seller of policies that use telematics in conjunction with credit scores and other traditional pricing factors, and it has a unit, Arity, that sells telematics services to other insurers.

“There is an opportunity to encourage innovation in the insurance industry, and we want to start that dialogue with regulators and others, and be thoughtful about how we step into this over time,” Allstate Chief Legal Officer Rhonda Ferguson said in an interview.

“It takes collaboration across the industry to get there—from legislators and regulators creating clear and consistent rules for driving-based rating plans to insurers advancing telematics programs and customers using them,” Ms. Ferguson added.

Allstate’s championing of telematics is the latest development as state insurance regulators fulfill a pledge from last year to scour existing practices to identify those that might place minorities at a disadvantage. Auto insurers’ use of credit scores is one area of concern.

Most states permit insurers to use credit-based factors, but consumer groups have long maintained that the practice is unfair to low-income and many minority consumers because they are overrepresented in lower credit-scoring categories.

 

[Stormtrooper1320]

Nationwide has one of those things you can plug into your car to tell them how you drive.....all in the name of alleged "discounts". I don't have one of those devices in my vehicle. Everytime my agent tells me I could save money on my insurance with one of those, I tell her no way.

 

[Smitty]

F**k those nosey bastards. No way I’d put one of those devices on my cars.

 

[vortecd]

Nationwide has one of those things you can plug into your car to tell them how you drive.....all in the name of alleged "discounts". I don't have one of those devices in my vehicle. Everytime my agent tells me I could save money on my insurance with one of those, I tell her no way.

Could it because you wouldn't? All those full throttle pulls with those flowmasters humming! Yeah,I don't think so

 

[Stormtrooper1320]

Could it because you wouldn't? All those full throttle pulls with those flowmasters humming! Yeah,I don't think so

Well.......that could be part of it

There is also a short curve in the main road of my development and people park their vehicles in the curve so there are times when I come through there that the accident prevention system throws the collision warning and applies the brakes because it thinks I'm about to run into someone. I don't need my insurance company dinging me for more money because they see these "hard brake" applications several times per month sometimes.

 

[2017 Redline HC]

I’m insured with Allstate. When I was setting up the policy for my Hellcat the agent on the phone suggested this monitoring system for better rates. I asked her if she knew what a Hellcat was and suggested the monitor wasn’t a good idea……

 

[JRabq]

Ok Allstate, I have a good way to make insurance more affordable. Lets regulate the insurance industry and make maximum annual CEO compensation at 1 million dollars/yr and regulate the salaries of their other executives. I bet that would improve rates.

 

[Hayabusa]

State Farm took away the opportunity for lowering charges by removing collision while my car is garaged for the PA winter. Saved me 5 months of that expense. Great new opportunity to save, they said… they will discount if I meet their “ safe driver” definition and will use a tracker to judge. Uhhhh… no thanks.

safe driver? I haven’t had a ticket or claim in over 18 years. Am shopping insurance companies as we speak. Have had them for almost 30 years with 1 claim for a deer hit dent. Cars, bikes, home, umbrella, etc. Done.

Perhaps rates would be lower if the thieves and jackers were prosecuted to the full extent of the law vs emboldened by “ catch & release”.
sorry… got triggered

 

[MurderCat]

Sounds like a good way to get price hikes or dropped from insurance on a Hellcat/High performance vehicle Also strongly agree with the post above. The fact it's cheaper to insure a Lamborghini vs. a Hellcat says something.

Geico offers the same 'Safe Driver' service but uses your phones sensors+GPS tracking. Next up RFID chips in your wrists with a Social credit score like China.

 

[MiHiHemi]

And if they find that an accident is your fault, in any way, they’ll use that information against you come time to pay up.

 

[MikeD1]

State Farm made me the same offer, I just laughed and declined. I can only see it raising my rates, especially on the Hellcat.

 

[Whatknot]

State Farm took away the opportunity for lowering charges by removing collision while my car is garaged for the PA winter. Saved me 5 months of that expense. Great new opportunity to save, they said… they will discount if I meet their “ safe driver” definition and will use a tracker to judge. Uhhhh… no thanks.

safe driver? I haven’t had a ticket or claim in over 18 years. Am shopping insurance companies as we speak. Have had them for almost 30 years with 1 claim for a deer hit dent. cars, bikes, home, umbrella, etc. Done.

Perhaps rates would be lower if the thieves and jackers were prosecuted to the full extent of the law vs emboldened by “ catch & release”.
sorry… got triggered

I vote for a 7.62 round to the head.

 

[Purerock105]

I run the State Farm program. "Drive Safe & Save".
It works for me as my cars sit for days on end and I drive mostly like a true old Florida geezer...until it's time for some "spirited" driving, I just turn off Blue Tooth on phone. No more recording. I have had zero issues with mileage not matching up.

It's not for everybody. 😁

 

[Paladin06]

ROFLMAO. Big brother is watching.

 

[ChargerChallenger]

IMO insurance companies should charge you for miles and exposure and idle time should be big discounts but yeh I get it. For all the years and for so many cars I own and have owned they maybe get 2-3k miles on them a year but are being quoted for use in the categories of others faults. The Insurance Companies have a Huge presence in all the political and state guidelines with lobbyists. Just look at Speeding tickets this is Huge way of charging you more if you get a ticket or two. It’s ridiculous since your labeled as a high risk driver. And yep then they jack your rates. The vehicles of today are still being treated as yesteryears vehicles. And many roads are outdated on speed limits as well. In the DC metro area the posted Speed is 55 and yeh right everyone drives 65-75 mph in packs all day. And you just know the insurance companies are looking for ways to nickel and dime the crap out of there policy holders.

 

[GBLWRMR]

I have Allstate and choose not to take the "Drive-Wise" discount via their mobile app. It has no way of knowing who's driving when the "incident" occurs. I am far more a passenger than a driver as I work form home and don't mind letting the GF drive when we head out. Why should my rates change based on HER ability to drive?

 

[TraxMoe]

Well, if I do get it. Do you suppose they would be able to critique me on where to pick up speed / time on a road course. They would probably cancel me straight away and report me to the POPO for willful reckless driving. Excessive speed, hard braking, high speed / G turns and possibly a spin out or off track excursion Let them put that in their pipes and smoke it.

 

[Taxinator]

Oh, it’s not just insurance companies, looks like the feds and states want to do the same in order to implement the Vehicle Miles Traveled (VMT) tax: https://www.northbaybusinessjournal...cle-miles-traveled-user-fee-to-replace-gas-t/

Remember Biden’s steaming pile of dog excrement called the $1 trillion Infrastructure bill? This bill passed and the VMT pilot program is part of the Bill. https://www.forbes.com/sites/zackfr...package-includes-vehicle-mileage-tax-program/
https://www.forbes.com/sites/zackfr...package-includes-vehicle-mileage-tax-program/

They want to track our vehicles and bank account activity, all that is left is for them to track us within our homes…I’m sure they are working on it. 😂

 

[GBLWRMR]

all that is left is for them to track us within our homes…I’m sure they are working on it. 😂

"Alexa.. what are they doing now?.."

 

[Magnified]

Insurance is a racket. A RACKET. I'm USAA and I still say insurance in general is a racket. Seen too many times they've screwed people over.