Based on Eric’s and Vince’s assessments of the TripSense issue I blogged about a couple weeks ago, I was suddenly very nervous to contribute my data to the Progressive database. So I emailed them asking about how the data would be used, and whether rate increases would directly be affected.
Maybe some others can relate to what Eric and Vince were saying. …Well, OK, Vince’s assessment that I drive “like a drunken rabbit who’s late for a bunny orgy” probably doesn’t apply to everyone…
But you get what I’m saying. Anyway, I thought I’d post Progressive’s reply here for all to peruse:
The data that you collect will only be used for research and analysis. Your driving data will not affect your rates. Please note that insurance companies cannot change the way they determine rates without filing a new rating plan with the state Department of Insurance. We have not done that, so we cannot raise or lower your rates based on your driving data.
Also, we need a large amount of driving data to know exactly what particular driving behaviors (if any) are likely to cause accidents. Since we do not know what those behaviors are, we cannot very well increase or decrease rates. Lastly, the analysis is being conducted to assure anonymity. Once participants share their data, we delete their names from the analysis database. Hence, we have no way to associate specific driving behaviors with an individual policyholder.
For your reference, the TripSensor collects information about mileage, speed and what times of day you drive.
So I guess it’s safe to send in my TripSensor. After all… I do like $50.