"Automakers' Data Sharing Drives Up Insurance Costs for Drivers"

1 min read
Source: Fox News
"Automakers' Data Sharing Drives Up Insurance Costs for Drivers"
Photo: Fox News
TL;DR Summary

Insurance companies are obtaining personal driving data from car manufacturers to assess the risk of insuring individuals, leading to unexpected premium increases for some drivers. This practice, often hidden in privacy policies and fine print, has raised significant privacy concerns among vehicle owners. While there are claims that the data collection aims to promote safer driving, it appears to primarily serve financial profit. Policymakers and privacy advocates are calling for investigations into these practices, and consumers are advised to take proactive steps to understand and potentially opt out of data collection by their vehicles.

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