Nationwide Insurance

[Mtneer]

More info on the spy devices: https://cars.usnews.com/cars-trucks/...g-devices-work

[Irving]

This one gets me too... what the hell does one's credit have to do with how good of a driver they are. Such a bogus data point for car insurance.

Tracking devices are likely partially a direct response from years of hearing customers complaining about using credit score as a metric to decide rates. Credit score isn't used to correlate with how good of a driver one is, but how likely they are to turn in a claim.

[kidicarus13]

This one gets me too... what the hell does one's credit have to do with how good of a driver they are. Such a bogus data point for car insurance.

As far as generalizations go... responsible enough to keep your credit score high, responsible enough keep other worldly affairs in order.

Does a uncut, weed filled yard mean that the interior of your house is not spotless? Not necessarily but if I were a betting man...

[MrPrena]

My guess on credit score was on prompt or late premium payment. That was my biggest guess.

[Jer]

As far as generalizations go... responsible enough to keep your credit score high, responsible enough keep other worldly affairs in order.

Does a uncut, weed filled yard mean that the interior of your house is not spotless? Not necessarily but if I were a betting man...

Responsible enough to keep your credit up? ROFL

I'm not paying some shitty bank interest for a loan I don't need to prove I can make payments on time in case someone wants to be lazy and judge me based on an arbitrary number that has zero correlation to my ability to drive or pay my insurance premiums.

My yard is the best looking in the neighborhood. Period. Full Stop. It's green by March every year and by the time most others have their sprinklers turned on I've mowed three to four times. Does that mean the interior of my house is immaculate 24/7365? Nope. I take pride in my lawn and enjoy doing the work while sometimes dishes sit in the sink a little while because it's not something I enjoy.

I hate generalizations like this for things that are entirely unrelated. I also get a chuckle at people who buy into the assumed correlations. It's a lot like "well if someone voted for so and so then they're a room temperature IQ idiot that I have nothing in common with" without actually asking them anything to find out what their beliefs are. It's just easier if we as a society can group people in boxes so we keep from wasting time to get to know people on a personal level.

[Jer]

My guess on credit score was on prompt or late premium payment. That was my biggest guess.

Wouldn't my impeccable track record for paying for a full year of premium up front & "on time" (not sure how you can do that with a pre-paid service) be a little more important than an arbitrary unrelated number? I mean, this isn't a credit card we're talking about here where you can rack up thousands worth of debt. If you don't pay your premium they just cancel coverage anyway so what's the point?

[MarkCO]

This one gets me too... what the hell does one's credit have to do with how good of a driver they are. Such a bogus data point for car insurance.

Really low credit scores are correlated with insurance fraud, expired license and plates and a bevy of other indicators that make a person a higher risk. On the converse, you get discounts for each degree, professional license, acceptance to honorary societies etc. Males pay more than females, but females have and cause more accidents...how does that work? Payments on accidents caused by men are higher, and they have a higher rate of at fault accidents involving drugs, alcohol and death. The data also shows that the higher your math and science scores, the less likely you are to have an accident. One of the best pure drivers I ever met could not do any math above addition and subtraction. It is not based on you, it is based on how they group you. Maybe we should petition the Insurance Commission to force rates based on gun ownership.

While they are barred from using it for rates, ethnicity shows differences as well.

[ChickNorris]

That's funny foxtrot.

[MarkCO]

It might be funny, but it is closer to truth than not.

[ChickNorris]

I didn't say it didn't apply to the stereotypical or the presumed data ; )

I just laughed at how when I break something, its not a whoopsie daisy as described.