I never said it wasn't profitable. I said it wasn't accurate. Insurance companies aren't concerned with the accuracy, they are concerned with the profit. It

I never said it wasn't profitable. I said it wasn't accurate. Insurance companies aren't concerned with the accuracy, they are concerned with the profit. It effectively provides some "data" to give them license to increase rates, whether its accurate or not. As long as their rates outpace their claim payouts, they'll be profitable. It's also definitely happening, not only do insurance companies buy telematics data from automotive companies, they also provide discounts (sometimes) for customers that voluntarily provide telematics data using devices which connect to the vehicle OBD2 port. One example: https://www.progressive.com/auto/discounts/snapshot/ https://www.progressive.com/auto/discounts/snapshot/