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GM’s Insurance Plan Eases Collection of Driver Data

GM’s Insurance Plan Eases Collection of Driver Data

Many car insurers have struggled for years to get policyholders to adopt telematics, a way to collect information about mileage and driving habits dir

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Many car insurers have struggled for years to get policyholders to adopt telematics, a way to collect information about mileage and driving habits directly from the vehicle. The deal from General Motors to market car insurance based on data from onboard computers advances insurers’ efforts to size up risk.

Through cellphone apps and dashboard dongles, insurers have been hauling in a lot of data and offering discounts to the safest drivers, but many policyholders think the hassles outweigh the savings.

Industrywide…

This post first appeared on wsj.com

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