4 ms·
The sophistication of these devices aren't that high - what constitutes an "unsafe driving habit"? Speed? How hard you turn? Most do some sort of banding around
by Qworg 11y ago
The sophistication of these devices aren't that high - what constitutes an "unsafe driving habit"? Speed? How hard you turn? Most do some sort of banding around your speed and braking force, which is super crude and doesn't reflect actual driving habits.
- cbr 11y agoThey can pick up a lot of signals, and they have claims data: it seems like they should be able to build a pretty good model. Even just "number of miles driven" is a strong signal.
- yo-code-sucks 11y agoReally? My car is 2.5 years ols and im nearing 90k miles, 0 incidents. And I drive in San Jose / San Francisco all the time, during rush hour too. No tickets, no accidents, nada. Why? Because I use my fucking eyes and I dont text or talk on my phone.
- nommm-nommm 11y agoProgressive also logged the time of day you drive. Between 12-3am (IIRC) was marked the highest risk time to drive.
- TulliusCicero 11y agoStill probably less crude than your age and gender, no?
- Qworg 11y agoThose methods have a lot more refinement, but eventually, most certainly. I suppose the more important argument is not about "what's the quality of the model?" vs. "what goal is the insurance company trying to accomplish with better risk pricing?"
- jfoutz 11y agoMight actually be pretty interesting to see how the random statistics collected correlate with claims. It might indeed turn out fast, aggressive drivers never file claims, so ... that's what should be rewarded. Sort of the inverse of the self driving car problem - they follow all of the rules, all the time, and are more accident prone, even though they're not at fault for the accident. http://time.com/4098303/self-driving-cars-accident/ http://time.com/4098303/self-driving-cars-accident/