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They can charge companies more, as they drive more miles, for profit.
by esafak 11mo ago
They can charge companies more, as they drive more miles, for profit.
- Thorrez 11mo agoGood point that more miles driven might increase both accidents and premiums and thus increase insurance company profit. However, how many more miles will they drive? Double? If there's a 90% reduction in accidents as KellyCriterion alluded to, then the total number of accidents will still go down. That means total premiums will go down, and total profit will go down.