The New York Times recently revealed automakers are sharing consumer driving behaviors with insurance companies. This data sharing between manufacturers and insurance companies is helping to fuel the cost of rising insurance premiums.
Some of the data points being noted by manufacturers include rapid accelerations, hard braking, number of trips, start and end times, and distance driven.
While typical dongle-based monitoring programs have been hard for consumers to participate in, connected vehicles share information directly to help insurance companies better adjust their rates to driving habits.
In some cases, this information sharing can be turned off by the vehicle’s owner. Other times, this information may be shared constantly thanks to modern internet-connected vehicles.
Read the full New York Times Article here.
