Some Nations Care About Their Teens
Such technology will let Australians opt for “pay-as-you-drive” insurance, where the cost of premiums go up or down depending on how far and when a car is being driven.
The technology will also have a positive effect on road safety, according to Mr Issa.
“If the car’s driven by a P-plater between 11 o’clock at night and six o’clock in the morning, the insurer will know about it,” Mr Issa said.
Mr Issa accepted privacy issues could arise from placing trackers in younger driver’s cars.
“It could be a bit Big Brother-ish,” Mr Issa said.
“But I’m a parent and if it meant my child was a bit safer as a result, I’d be happy to take it out with my kids when they start driving.” .. full Australian PAYD (Pay As You drive) article here…
So, where do you stand on this? Death by auto is the number one cause of death from something like age 5 until age twenty-something. Are you more concerned with saving your children’s lives or with being their “buddy”?
Would you track your car and your children’s cars if it would save you 10% on your car insurance? 15%? 25%?
One thing I’ve notic3ed about human nature as I have matured .. or perhaps just aged … very, very few tings happen without warning. But we, especially Americans, are very adept at ignoring the warnings.
Insurance companies own Congress and thus the law of the US. Period. Many of these PAYD and track your teen initiatives I have been writing about seem to come from Canada and Australia. But, in addition to saving lives there are very real dollar savings attached. If you think your insurance company doesn’t know the smell of money, you have another think coming.
I believe many of my readers will hate this PAYD idea. I don’t blame you at all. But my question today is … what are you going to do about it? love it or hate it, some version is going to come and come soon. You can’t say you haven’t been warned.
As always, I welcome comments, confirmations, even disagreement is encouraged, and you can also email me direct at: davestarr (at) gmail (dot) com or call me on 1-719-423-8872. If you liked this article, please subscribe to my RSS feed so you get all my news and views.