Root Inc.’s Post

Automakers Are Sharing Consumer Driving Behavior With Insurers LexisNexis, which generates consumer risk profiles for insurers, knew about every trip G.M. drivers had taken in their cars, including when they sped, braked too hard or accelerated rapidly. https://ow.ly/QPQS30sAHjy

The commercial auto insurance space has consistently hardened over the past decade, evidenced by ongoing rate increases, limited capacity and other difficult market conditions. It's important to understand the reasons behind losses and rising premium costs.

Historical data show that as people age, physical and cognitive changes may impact their driving skills. Once you reach 70 years old, you can expect your auto premiums to rise. There are a number of things drivers at this age and older can do to lower their auto premiums. Here are 5 suggestions:

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Know your risks and the statistics relating to distracted driving. The rising cost of auto insurance is a really great reason to drive without distractions. Let's do our part to reduce the risks. https://lnkd.in/epsgpeQ2

Automakers Are Sharing Consumer Driving Behavior With Insurers LexisNexis, which generates consumer risk profiles for insurers, knew about every trip G.M. drivers had taken in their cars, including when they sped, braked too hard or accelerated rapidly. https://ow.ly/PaZw30sB5Y1

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𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐥𝐞𝐟𝐭 𝐬𝐢𝐠𝐧𝐚𝐥 𝐥𝐢𝐠𝐡𝐭 𝐢𝐬 𝐮𝐬𝐞𝐝 𝐟𝐨𝐫 𝐰𝐡𝐢𝐥𝐞 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐨𝐧 𝐡𝐢𝐠𝐡𝐰𝐚𝐲𝐬? While driving on highways, when you try to pass the car in front of you, you usually signal the car on your side or sound the horn, don't you? When the car in front notices your signal and knows that you are about to overtake, they usually use the left signal light or the right signal light. Many people overtake when they see the right signal light, while others understand that the left signal light tells them to overtake. Ladies and gentlemen, do you understand what the left signal light is used for? Please join the discussion in the comments. If you want to know more about 𝐄𝐅𝐈 𝐆𝐞𝐧𝐞𝐫𝐚𝐥's Motor Insurance, you can read at www.efigmm.com or contact Page Messenger or Hotline Number 09 7777 8888 5 for detailed inquiries. #EFIGeneral #ProtectingYouSecuringYourFuture #GeneraInsurance #motorvehicleinsurance #Carinsurance

In today's Welcome to the Surveillance Society episode "Internet-connected vehicles can gather data on driving habits, including hard braking and rapid accelerations, and share that information with data broker LexisNexis, which works with insurance companies to create personalized coverage." https://lnkd.in/ezfmQS9h