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Originally Posted by Tt3Sheppard
I work in Insurance and the last meeting I had talked about these things. Said they are only used for lowering rates and not increasing. I think there may be lawsuits if there is doubt that is used for other reasons.
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No offensive, but just lowering rates is not the goal. Maybe that's what they are telling you in a meeting, but behind closed doors they are planning so much more.
This is very similar to tiered data plans by the cell phone companies. (Charge based on behavior) The insurance company that does not require this in the future will be the big winner.