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Insurance companies have been offering discounts to install tracking and hard acceleration detectors for decades. None of this is new. As a safe driver, I welc

Insurance companies have been offering discounts to install tracking and hard acceleration detectors for decades. None of this is new. As a safe driver, I welcome these types of discounts based on good driving habits. If you do something associated with risk, like a sudden stop, then you should change your behavior.

ausudhz 5y ago
Yes but was optional this is the difference. Who does tell you that I drive dangerously in the road? Maybe I bring my car in a circuit every now and then to have fun.
- skellera 5y ago
  It’s optional to buy this insurance.
  - ausudhz 5y ago
    Yes, until is not. We're arguing about the direction not about the current state. There will be a day when this would not be optional anymore
    - rcMgD2BwE72F 5y ago
      Why would no insurance keep offering this option?
- deleted 5y ago
  [deleted]
29083011397778 5y ago
To quote Warren Buffett: "If you've got a cop following you for 500 miles, you're going to get a ticket". When you have someone or something following you every second of every minute, with a perfect memory and no other context, your insurance is going up. And I'm sure some will say Tesla's AI can get context through other drivers actions; that's not quite right though - Tesla only knows what the other vehicles are doing, not the drivers.
- throwaway09223 5y ago
  Sure, but this isn't a cop. Insurance is a civil contract driven by market choice. This system isn't authoritarian - it's optinal and the customer has buying power. Because of this, these systems typically are used exclusively to offer discounts against the baseline insurance premium and they can only lower the premium relative to the assumed default risk. It's all carrot, no stick. https://www.nationwide.com/personal/insurance/auto/discounts/smartride/ https://www.nationwide.com/personal/insurance/auto/discounts... "Can SmartRide increase my premium? No. This is a discount program." https://www.usaa.com/insurance/safedriving https://www.usaa.com/insurance/safedriving "Will my driving information impact my insurance rates? No. We will only use your driving information to calculate your discount." Insurance companies are willing to offer these steep -- 40% -- discounts because bad driving is so extremely expensive and damaging. The added signal of driver behavior patterns can allow the insurance company to lower their rates by almost half. Almost half! As an aside, these are the types of insurance premium reductions we should expect, or better, when self driving cars first become a reality.

ausudhz 5y ago

Yes but was optional this is the difference. Who does tell you that I drive dangerously in the road? Maybe I bring my car in a circuit every now and then to have fun.

skellera 5y ago
It’s optional to buy this insurance.
- ausudhz 5y ago
  Yes, until is not. We're arguing about the direction not about the current state. There will be a day when this would not be optional anymore
  - rcMgD2BwE72F 5y ago
    Why would no insurance keep offering this option?
deleted 5y ago
[deleted]

29083011397778 5y ago

To quote Warren Buffett: "If you've got a cop following you for 500 miles, you're going to get a ticket". When you have someone or something following you every second of every minute, with a perfect memory and no other context, your insurance is going up. And I'm sure some will say Tesla's AI can get context through other drivers actions; that's not quite right though - Tesla only knows what the other vehicles are doing, not the drivers.

throwaway09223 5y ago
Sure, but this isn't a cop. Insurance is a civil contract driven by market choice. This system isn't authoritarian - it's optinal and the customer has buying power. Because of this, these systems typically are used exclusively to offer discounts against the baseline insurance premium and they can only lower the premium relative to the assumed default risk. It's all carrot, no stick. https://www.nationwide.com/personal/insurance/auto/discounts/smartride/ https://www.nationwide.com/personal/insurance/auto/discounts... "Can SmartRide increase my premium? No. This is a discount program." https://www.usaa.com/insurance/safedriving https://www.usaa.com/insurance/safedriving "Will my driving information impact my insurance rates? No. We will only use your driving information to calculate your discount." Insurance companies are willing to offer these steep -- 40% -- discounts because bad driving is so extremely expensive and damaging. The added signal of driver behavior patterns can allow the insurance company to lower their rates by almost half. Almost half! As an aside, these are the types of insurance premium reductions we should expect, or better, when self driving cars first become a reality.