Insurance: Cost Of Your Auto Insurance Going Up Now 2024
Is the cost of your auto insurance going up? This is how using a “smartphone on wheels” could be more expensive for you.
Advanced driver monitoring systems, autonomous braking systems, and even data recorders are standard on a large number of these vehicles.
It is anticipated that internet connectivity would be standard on more than 95% of passenger cars by 2030. However, there is a serious drawback to this convenience.
Security experts alert insurance firms to the prospect that automakers may sell your personal driving information to them since these connected cars are capable of tracking your every move.
- The CEO of Secure Ideas, Kevin Johnson, stated that legislation prohibiting this is necessary.
- Johnson stated, “There should be a federal law protecting consumer privacy for situations like this, but there isn’t.”
- Security experts alert insurance firms to the prospect that automakers may sell your personal driving information to them since these connected cars are capable of tracking your every move.
- The CEO of Secure Ideas, Kevin Johnson, stated that legislation prohibiting this is necessary.
- There should be a federal law protecting consumer privacy for situations like this, but there isn’t.”
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