Cameron on Transportation
The Car Insurance Trade-Off: Cut Your Bill or Be Less Private About Your Driving Habits
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Are you paying too much for auto insurance? You’re not alone as rates in Connecticut went up 8% last year and 20% since 2018 thanks to inflation, higher repair costs and riskier driving by too many drivers. But now there’s a way to lower your rates significantly — if you are willing to let Big Brother monitor your driving habits online via Telematics. All of the major insurance companies are now employing this technology to better understand their customers’ driving style and reward good drivers. When first launched almost 20 years ago this meant you’d have to plug a fob into your car’s OBD (on board diagnostics) connection which would monitor how you drive for a few months.