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."

Comments

I guess it's time to say "I told you so"?

[Fluffeh]

For all those of us who keep saying that this sort of technology will be abused, and all the folks that keep saying it won't - I guess it is our turn to say "I told you so."

My prediction, sales of this SatNav will plummet if people know that they will be monitored constantly.

Re:The silver lining

[dbet]

I'm calling bullshit on your police stats, if you even care to provide them. The complete removal of speed limits has no effect on accident rates.