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Telematics In New Cars

Cerberus_Kelpie

Cerberus_Kelpie

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https://www.blacklistednews.com/art...es-using-embedded-telematic-surveillance.html

Gone are the days when insurance companies used race, sex and a person's age to determine their auto insurance premiums.


A new whitepaper by Cognizant, titled "The New Auto Insurance Ecosystem: Telematics, Mobility and the Connected Car" reveals the real reasons why auto manufacturers are installing machine-to-machine (M2M) communication, or telematics in new cars.


"Nowhere is this more clear than in auto/motor insurance, where advances in M2M communication, or telematics, are rippling across the marketplace, generating data to more precisely assess risk and reward for policyholders who adhere to safe driving practices."
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The whitepaper explains that auto manufacturers have been installing real-time telematic surveillance sensor in new cars for years.


"This includes GPS, emergency notification, roadside assistance, concierge services and other offerings. Today, devices self-installed or plugged into a vehicle’s onboard diagnostics (OBD) port, or professionally-installed black boxes, transmit driving behavior and mileage data directly to carriers’ back offices."
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Six years ago, connected cars sent 25GB of data to the cloud every hour, but a more recent story reveals that connected cars could soon send between 5-32 TB's of data to the cloud every day.
 
Just think OnStar kicked off this program and now it's expanding
At the time OnStar was optional but now it's looking like a mandatory feature or soon will be
 
highspeeds said:
yeah, but soon enough... the things will drive themselves. So, whatever.
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Just waiting to see what insurance companies are beating down the door to give full coverage and liability.

I hope they have plenty saved up before climbing into a self driving vehicle
 
Spaceghost said:
Just waiting to see what insurance companies are beating down the door to give full coverage and liability.

I hope they have plenty saved up before climbing into a self driving vehicle
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They claim that the computer is a safer driver than the human. So, should be lower rates. Right ?
 
highspeeds said:
They claim that the computer is a safer driver than the human. So, should be lower rates. Right ?
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Insurance ( according to my brother in law ) quote on statistics for example if you live in a high crime neighborhood your rates are going to be expensive
The same applies to automated vehicles only difference is there is not enough data to average a competitive quote
 
Spaceghost said:
Insurance ( according to my brother in law ) quote on statistics for example if you live in a high crime neighborhood your rates are going to be expensive
The same applies to automated vehicles only difference is there is not enough data to average a competitive quote
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5-32 TB's a day of data at the moment. And going up with every new car sold. It won't take that long to have the numbers needed.
 
highspeeds said:
5-32 TB's a day of data at the moment. And going up with every new car sold. It won't take that long to have the numbers needed.
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No guarantee because at the time the risk is too high because there is no said driver. Not to mention very few insurance companies want high risk they want low risk to no risk
 
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