Seen in Insurance Journal:
Safeco customers with auto insurance policies can register for Teensurance and access a secure Web portal with materials and services to help them establish a safe driving plan with their teen. Using a GPS-based device — the Safety Beacon — and online tools to reinforce good driving habits, Teensurance gives parents tangible assurance about their teen’s driving behavior by delivering real-time notifications. Notification is transmitted in real time to parents’ computers, home phones, cell phones or other mobile devices.
I’m curious about what the adoption rate is among the carriers that have tried programs like this. If there is significant take-up of these options, then perhaps there’s a bit of erosion underway in the mindset of GPS-monitoring being considered too big-brother-ish to see widespread use in personal auto insurance rating/underwriting.