GPS-based Insurance Rates: The Devil is in the (Data) Details

English: TomTom GO710

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by Jonathan Zittrain, The Future of the Internet and How To Stop It Blog, February 13, 2012

A British insurance company called Motaquote has teamed up with TomTom, the GPS manufacturer to offer insurance prices based on data gathered by GPS. Fair Pay Insurance, Motaquote’s new program, is an opt-in insurance pricing scheme where drivers will get a free GPS unit in return for potentially lower (but possibly higher) premiums. The GPS unit will provide all the traditional navigational services as well as warn drivers when they corner too sharply or brake too hard. …

For full text of the article, visit GPS-based Insurance Rates: The Devil is in the (Data) Details :: The Future of the Internet — And How to Stop It.

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