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TomTom Satnavs To Set Insurance Prices

nk497 writes "TomTom has signed a deal with an insurance firm that will see its satnavs used to monitor drivers. Fair Pay Insurance, part of Motaquote, will use monitoring systems built into the TomTom PRO 3100 to watch for sharp braking and badly managed turns, rewarding 'good' drivers with lower premiums and warning less skilled motorists when they aren't driving as they should. 'We've dispensed with generalization's and said to our customers, if you believe you're a good driver, we'll believe you and we'll even give you the benefit up front,' said Nigel Lombard of Fair Pay Insurance."

5 of 605 comments (clear)

  1. Awesome by Undead+Waffle · · Score: 5, Funny

    If it's watching for badly managed turns does that mean I get deductions from my next bill every time I nail the apex?

    1. Re:Awesome by MagusSlurpy · · Score: 3, Funny

      That was my thought, too - what about the (usually) well-executed powerslides into my company parking lot I do every night?

      --
      My sister opened a computer store in Hawaii. She sells C shells by the seashore.
  2. Re:Looks like it's only in the UK (for now) by PPH · · Score: 3, Funny

    Good. I'd hate to see my premiums jump just for driving on the right hand side of the road.

    --
    Have gnu, will travel.
  3. "'We've dispensed with generalization's" by Maritz · · Score: 3, Funny

    And basic literacy.

    --
    I do not want your cheap brainburning drugs. They are useless for work. And I am a working man today.
  4. Re:Loyalty cards are for you not them by Tsingi · · Score: 3, Funny

    For tracking your purchasing habits they just use your credit cards.

    I use cash, though I'm not sure they don't track that.