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Thread: Coming soon to a ins company near you...

Created on: 12/03/12 02:32 PM

Replies: 3

runr2940


runr2940's Gravatar

Location: NM

Joined: 10/18/10

Posts: 138

Coming soon to a ins company near you...
12/03/12 2:32 PM

Read this recently, seen it happening more and more frequently...how much would your insurance company have to reward/penalize you for you to install one of these on your bike?

Will Insurers Soon Pay us Not to Speed?

http://www.foxbusiness.com/personal-finance/2012/11/29/will-insurers-soon-pay-us-not-to-speed/

"The ISAs, according to a recent report from the IIHS and the Highway Loss Data Institute, then could warn drivers that they're going too fast or even automatically slow the car."

Wonder how many bikes would come screeching to a halt in 2nd gear, hahahahahahahaha!



2012 14R black, full Yoshi R55 exhaust (powdercoated black), PCV, Ballistic Evo 12-cell battery, PAIR mod, ddmTuning HIDs, Yoshi frame sliders, ZG DB windshield, CoreMoto brake lines, LSL brake/clutch res, MagKnight tank protector, Woodcraft spool sliders, custom fender elim, Puig alum chain guard, Clear Alt smoked turn signals, Pazzo racing levers, Throttlemeister bar ends, Grip Puppies grips, Powerlet power socket, Saddlemen Tech seat, CNC alum gas cap, Bridgeport valve stems, Tamper-proof Murph's oil cap, Sato rearsets, magnetic drain bolt

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Rook


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Joined: 03/28/09

Posts: 21238

RE: Coming soon to a ins company near you...
12/03/12 2:45 PM

Hm- Sounds like some people don't mind at all being treated like a lab animal.

No thanks.



08 MIDNIGHT SAPPHIRE BLUE ZX-14 Now Deceased, will be resurected 2024 ZX-14R bran friggin NEW!

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Rook


Rook's Gravatar

Joined: 03/28/09

Posts: 21238

RE: Coming soon to a ins company near you...
12/03/12 2:46 PM

....if you have a lot oif expensive coverage, I can see them paying you $25/week to NOT speed but if you just have liability, aint gonna happen.



08 MIDNIGHT SAPPHIRE BLUE ZX-14 Now Deceased, will be resurected 2024 ZX-14R bran friggin NEW!

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privateer


privateer's Gravatar

Location: [random forest]

Joined: 02/16/09

Posts: 3605

RE: Coming soon to a ins company near you...
12/04/12 1:05 PM

I have full insurance, 365.62 days a year.

Maybe State Farm will start reducing my premium if I don't speed.

A year or two ago that would go in the "fat chance I won't speed" category, but these days, I'm making money every time I ride if they implement this.



Living the Gypsy Life

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