Showing all posts with the tag "technology"
They’re finally here! Legitimate, mass-marketed and mass-produced cars that don’t need a single gallon of gas to function. Carbon emissions are close to zero. You can get a $7500 tax break. Heck, the sticker price is even beginning to fall.
Sounds like a win-win-win, right? Pretty much, except for one small and perhaps surprising point -- car insurance is almost certainly more costly for an electric car relative to a traditional gas guzzler.
Yes, GPS is already a huge part of my life, and I’m lucky I haven’t already got a citation for using my iPhone as a map as I hack my way through new parts of the city while driving.
But what if car insurance carriers had access to my driving behavior data so they could get an even more accurate grasp of my risk profile and subsequent policy quote?
Did you know CoverHound's CEO has competed in 4 triathlons?