So what effect will this have on risk assessment as used by insurance companies? "Insurance companies use a methodology called risk assessment to calculate pre

So what effect will this have on risk assessment as used by insurance companies? "Insurance companies use a methodology called risk assessment to calculate premium rates for policyholders. Using software that computes a predetermined algorithm, insurance underwriters gauge the risk that you may file a claim against your policy. These algorithms are based on key indicators about you and then measured against a data set to weigh risk. Insurance underwriters carefully balance the insurance company’s profitability with your potential need to use the policy."