Either this is another straw-man in the making or you genuinely think they were only based on credit scores?
It's not even allowed to be a factor in some states, and it's not allowed to be the only factor in many more...
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Driver age, home zip code, car driven, miles driven per year, accident history? Do none of those tell anyone anything?
Always-on driver monitoring that's not even adjusted to geography... so someone in midtown Manhattan dodging jaywalking tourists has FCW compared on the same scale as someone on 10 miles from their nearest neighbor in the middle of Wyoming... you think that's more fair?
I specifically called out age in a way that shows it’s unfair, and then one of your example of “fairer than actual driving monitoring” was age?!
And mr Wyoming in your example thinks it’s fair he’s higher for driving more miles than city man? (Assuming we aren’t pricing different based on location bc your comment made that assumption) and how does one verify miles driven? Best way is oem vehicle integration like you object to.
Home zip code is pretty discriminatory despite being allowed and also kinda unreliable.
Accident history is okay but not perfect because fault can be hard to attribute.
Some Speeding Tickets can be gotten out of or erased, and out of state ones are hard to locate
No, all those are very imperfect proxies for driving behavior that are often discriminatory against poor people and minorities. It’s better to monitor ACTUAL driving behavior than penalize minorities because cops target them for tickets. Or poor people who drive okay but don’t have 800 credit so they get charged more. If only there was some way to monitor actual driving instead of these problematic proxies…
And it’s much more likely to lead to improved driving behavior than charging all 25 year olds more. Or all people with low credit scores more.
What are you going to price on if it’s not directly measuring how one drives? A blanket flat makes no sense.