Great Info For You: Cheap auto insurance and pay-as-you-drive
When you come straight to the point, the insurance bet is very simple. You pay a premium, and if you can drive safely, you are a winner. But if you are involved in an accident, you can request the policy and you are not a loser. Well, maybe he would have you do not lose as much as you could have done without insurance. From the point of the insurance company of view, guess how much he may have to pay and adds a profit margin. If his hypothesis is correct, this is a profitable business. As you may have noticed, insurance is a profitable business for these companies are very good at guessing how much money we have all the drivers are likely to qualify for a given year. For a long time, it was obvious the people who only drive a few miles a week have a risk profile much lower. They receive no accidents as often as people who drive long distances to travel on busy roads. Low mileage drivers should pay less. That's right. Why drivers to stay home subsidize the larger? But the problem for insurance companies has always been our habit of dishonesty. Let's say that the insurer offers lower rates to those who say they drive less than 100 miles a week. Suddenly, we all say we never take the car in the garage, except on Tuesday to visit Grandma. Now, insurers have an answer. This is the unit of science.
The first point is this has nothing to do with the data loggers all manufacturers are now worthy of our vehicles. This is an entirely separate use of technology to make the equivalent of an airplane black box in the vehicle of all. This allows the National Highway Traffic Safety Administration and other interested parties to study the causes of accidents and, for the most part, to decide how to design vehicles to be safer. Now, the big insurers like Allstate and State Farm provide their own black boxes or based on embedded computing systems to monitor when and how we drive. Interestingly, State Farm also has a GPS transmitter to show where the disk provided. Many people are suggesting this is a modern version of Big Brother, a spy in the car with us.
When asked why he was just a GPS transponder, State Farm said it was destined to follow a stolen vehicle and a tow truck to send its pilots should break or become involved in an accident. However, it also recognized the package may not be for everyone. Manufacturers did not fit the right type of ports prior to 1996 black boxes can not be fitted to older vehicles. Those who feel surveillance systems violates their privacy will be denied coverage. But with those who are willing to allow detailed monitoring of their conduct, discounts can be significant. This is a compromise between the concerns of privacy and cheap car insurance. In some of the more sophisticated packages, the system records if you make sudden stops. This increases the risk of another vehicle hitting you back. This evidence may show an increased risk and end your hopes of auto insurance cheap. Always know what the black box records before signing.
The first point is this has nothing to do with the data loggers all manufacturers are now worthy of our vehicles. This is an entirely separate use of technology to make the equivalent of an airplane black box in the vehicle of all. This allows the National Highway Traffic Safety Administration and other interested parties to study the causes of accidents and, for the most part, to decide how to design vehicles to be safer. Now, the big insurers like Allstate and State Farm provide their own black boxes or based on embedded computing systems to monitor when and how we drive. Interestingly, State Farm also has a GPS transmitter to show where the disk provided. Many people are suggesting this is a modern version of Big Brother, a spy in the car with us.
When asked why he was just a GPS transponder, State Farm said it was destined to follow a stolen vehicle and a tow truck to send its pilots should break or become involved in an accident. However, it also recognized the package may not be for everyone. Manufacturers did not fit the right type of ports prior to 1996 black boxes can not be fitted to older vehicles. Those who feel surveillance systems violates their privacy will be denied coverage. But with those who are willing to allow detailed monitoring of their conduct, discounts can be significant. This is a compromise between the concerns of privacy and cheap car insurance. In some of the more sophisticated packages, the system records if you make sudden stops. This increases the risk of another vehicle hitting you back. This evidence may show an increased risk and end your hopes of auto insurance cheap. Always know what the black box records before signing.
Category Article Auto Insurance
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