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Telematics car insurance programs offer discounts up to 40% for letting insurers monitor your driving habits through a plug-in device or smartphone app, but the savings come with important privacy ...
These insurance programs work by relying on monitoring devices or smartphone apps to track your driving behaviors — including rapid acceleration, hard braking and phone use — offering ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Reputation Insurance : Insurance against reputation attacks and cyber defamation. Computer data loss and restoration. Covers physical damage to, or loss of use of, computer-related assets, including the costs of retrieving and restoring data, hardware, software, or other information destroyed or damaged as the result of a cyber attack.
Car insurance companies can use about a dozen factors to calculate your premium, including your location, driving history and vehicle type, or even your credit history in some cases.
There are limits to the ability of any insurance system to predict future risk, including usage-based insurance. Some lower-risk drivers will still subsidize some higher-risk drivers, to some extent. For usage pricing, driving habits must be documented, raising privacy concerns especially in the case of systems which use continuous GPS tracking ...
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