CNBC reports on how some auto insurance companies are utilizing driver data to calculate a quote based on a driver’s actual driving history and the corresponding privacy issues that arise from that kind of tracking. Progressive Insurance's James Haas, however, says usage-based programs can benefit consumers and encourage safer driving. Similarly, Root Insurance says it tries to be upfront with consumers about the monitoring and that users can manually turn off tracking features once the trial period ends, the report states. If the driving app is "untouched" by the driver, Root Chief Technology Officer Dan Manges says it will still collect data but "only to further refine their algorithm rather than re-rate an individual customer's premiums."
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