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> This is, I assume, penalizing aggressive driving that hasn't yet resulted in a citation or accident. If there's no context about the situation then how do th
by nickjj 3y ago
> This is, I assume, penalizing aggressive driving that hasn't yet resulted in a citation or accident.
If there's no context about the situation then how do they differentiate aggressive driving vs reasonable driving?
For example if you're in a 2 lane highway and the left lane is clear but you're behind someone doing 40 mph in a 60 mph on the right lane, so you quickly accelerate and switch lanes to pass them. Super defensive drivers who happen to also go unreasonably slow cause a lot of problems and traffic.
Also, what about temporarily speeding to get through a yellow light because the alternative is to slam on your breaks and potentially get rear ended. Or coasting a bit above the speed limit because you're "keeping up with traffic" on a major highway with no lights.
- tyingq 3y agoI assume they just don't care about exceptions, and just correlate past data to actual claims to adjust their actuarial tables. But to your point, maybe that also penalizes non-aggressive things that result in accidents.
- nickjj 3y ago> I assume they just don't care about exceptions, and just correlate past data to actual claims to adjust their actuarial tables Yep, IMO that's a problem in general. So much is based on case studies in aggregate instead of individuals. The same thing happens with medicine (at least in the US). Just because 200 people in 1 study demonstrated that X year old Y gender people who live in Z have 7.8917% more likelihood to be in an accident vs the average population which was determined by 20 other studies doesn't mean you or I have the same percent.
- falcolas 3y ago> So much is based on case studies in aggregate instead of individuals. Isn't this a good thing? Insurance is about spreading individual risk across a group. Hyper targeting the premiums of individuals according to their individual risk is the exact opposite of spreading risk.
- nickjj 3y agoIt depends on who you're optimizing for, insurance companies or individual drivers.
- Jimmc414 3y ago> Super defensive drivers who happen to also go unreasonably slow cause a lot of problems and traffic. Unfortunately I think the entities driving this only care about the specific car they are insuring, not the traffic problems indirectly attributable to the insured.