Wait, the 'data' is based on ending a trip in a bad zip code!?
Man, and I'm over here thinking they map all the drivers over time and place to see who is normally on the road with each other, then basing those factors on courteousness and abilities with ambiguity.
These companies use cell phone and/or OBD2 data. The only reason they haven't changed your rate based on the fact that you go to a strip club or shopping at Walmart is because there hasn't been a business justification for operating on that level of detail yet.
Insurers have long used proxies for wealth in order to set rates. If your zip code is the hood you're gonna pay premiums like everyone else in the hood. The only difference is that now they'll have more detail so the guy who registers his truck to his apartment in the hood but is on the road 5day/wk for work will pay based on two days of ending trips in the hood and five days of whatever motel he's in happens to be.
>Man, and I'm over here thinking they map all the drivers over time and place to see who is normally on the road with each other, then basing those factors on courteousness and abilities with ambiguity.
They might be doing that too if it happens to be worthwhile for their business.
The last thing they need is their insurer jacking their rates because they're ending too many trips in bad zip codes.
You can "incentivize them onto public transit" all you want but most of those people would already be on public transit if there was even a $40/mo difference.