Quote:
Originally Posted by MsVulcan500
I'm sure most insurance companies will make this monitoring the standard, but I will hold out as long as possible next time.
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The state department of insurance controls the marketplace so if you're worried about this being standard it will be their doing and not the insurance companies.
Additionally, the profit margins are regulated.
If you invented a magic rock that was placed in every glove box that cut car accidents by 50%, the state regulators are going to reduce premiums by the off-setting amount and the insurance company will make less total dollars of revenue and profit. This would subsequently hurt their stock price.
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