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Automakers Are Sharing Consumers' Driving Behavior With Insurance Companies
Automakers, including G.M., Honda, Kia, and Hyundai, have been collecting detailed driving data from millions of Americans through internet-enabled connected-car apps. The data, which includes information on speed, hard braking, and rapid accelerations, is shared with data brokers like LexisNexis. T...
Automakers, including G.M., Honda, Kia, and Hyundai, have been collecting detailed driving data from millions of Americans through internet-enabled connected-car apps. These brokers then provide the information to insurance companies, which use it to personalize coverage and set rates, The New York Times reported Monday. While automakers and data brokers claim to have drivers' consent, the partnerships are often obscured in fine print and unclear privacy policies.
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