General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs privacy loss worth 8% car insurance discount?
Source: Toronto Star
For the past two months a small device in my car, the size of a credit card, has been tracking my every movement. It knows how far I drive every day, the time of day Im driving, how quickly I accelerate to get on to the highway and which highway that was. The wireless GPS monitor goes with the Desjardins Insurance Ajusto program which was launched in Ontario last May.
Ive been testing the device to see how much I might save by exchanging some privacy in return for a discount based on my driving habits. So far, Im looking at about $150 a year and Im not sure whether the tradeoff is worth it.
... Ajusto is the first of a new tier of car insurance products coming your way. Companies are using wireless technology to monitor how you drive and sell you products based on that. In exchange for personal information, youll get a better deal.
... Fred Carter, a senior technology advisor to Privacy Commissioner Ann Cavoukian, says the biggest danger is function creep, where insurers collect all kinds of secondary information and then use it without asking permission or sell it to third parties. These might include: How often you travel out of province or to the U.S. When exactly youre prone to accelerating quickly. How often you stop at a McDonalds versus Wendys, how long you stay at the grocery store and which ones you visit. Did the kids spent the weekend in Montreal when they borrowed the car or go to Ottawa?
Read more: http://www.thestar.com/business/personal_finance/insurance/2014/06/15/is_privacy_loss_worth_8_car_insurance_saving_from_ajusto.html
Electric Monk
(13,869 posts)TexasTowelie
(112,619 posts)compared to receiving solicitations by mail from the local porno shops. I could imagine a spouse getting very upset if those started coming in the mail and it hadn't been discussed in advance.
P.S.: It also applies if either spouse is having an extramarital affair.
msongs
(67,478 posts)Warpy
(111,417 posts)They don't need that kind of information about me. If my car dies, I'll do what I always do, stick out a thumb and call for the hook.
KT2000
(20,601 posts)making this info affect your credit rating. When people accelerate quickly they are more prone to bailing on their credit card debt. When people use the back roads instead of the highway they have something to hide like unsecured debt - or some such garbage.
smokey nj
(43,853 posts)creepy to me.