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0 pointsToucanLoucan1y ago0 comments

Your personal insurance isn't, but once the tech is perfected to operate on the ones that are, there is zero reason to assume it won't also be deployed to yours.

Progressive is one company that insures 27 million drivers. If they deployed this tech to all of them and it earned them a paltry $2 more annually per driver, that's $54 million in extra revenue. And any company that dares not do it once it's widely adopted will have shareholders screaming at them to implement it.

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renewiltord1y ago

Sure, but that’s fine by me. Shareholders are your fellow policyholders in a mutual insurance company. The high risk people can go start their own mutual insurance.

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0 pointsToucanLoucan1y ago0 comments

Your personal insurance isn't, but once the tech is perfected to operate on the ones that are, there is zero reason to assume it won't also be deployed to yours.

0 comments

renewiltord1y ago

Sure, but that’s fine by me. Shareholders are your fellow policyholders in a mutual insurance company. The high risk people can go start their own mutual insurance.

1 more reply

j / k navigate · click thread line to collapse