Top Leaderboard, Site wide
November 23, 2014
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!


Bronze Age Lost Its Cutting Edge Before Climate Crisis
Green Revolution Trebles Human Burden on Planet




Joan of Arc


Truthdig Bazaar
Arsenals of Folly

Arsenals of Folly

By Richard Rhodes
$28.95

more items

 
Ear to the Ground

Unfriending Your Insurance Premiums

Email this item Email    Print this item Print    Share this item... Share

Posted on Feb 19, 2010
ENTER_ALT_TEXT
facebook.com

Use of Facebook, Twitter and other social media sites might become a reason for raising home insurance premiums.

A British insurance price comparison service is predicting that use of social media could eventually lead to increases in home insurance premiums. Membership on Twitter or Facebook could become just another variable in determining costs, based on fears that such sites let potential criminals know when a user is not at home.

This story follows an Ear to the Ground earlier this week about PleaseRobMe.com—a site that logged when users were not at home and where exactly they were, using geodata coordinates. —JCL

The Telegraph:

Services such as Twitter, Facebook, Foursquare and Buzz can alert criminals when users are not home, according to Confused.com, the price comparison service. Foursquare, for example, shows that people are in a specific spot and, more importantly, that the user is definitely not at home, Confused.com added.

It predicted that the new wave in social media could eventually lead to big rises in home insurance premiums.

Darren Black, the head of home insurance at Confused.com, said: “I wouldn’t be surprised if, as social media grow in popularity and more location-based applications come to fore, insurance providers consider these in their pricing of an individual’s risk. We could see rises of up to 10pc for people who use these sites.

“Criminals are becoming increasingly sophisticated in their information gathering, even using Google Earth and Streetview to plan their burglaries with military precision. Insurance providers are starting to take this into account when they are assessing claims and we may in future see insurers declining claims if they believe the customer was negligent.”

Read more

More Below the Ad

Advertisement

Square, Site wide

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

By auto insurance discounters, June 29, 2011 at 10:31 am Link to this comment

its like when you are applying to schools or a job you don’t want to have all those pictures of you taking tequila shots and peeing off a bridge to be publicly accessible.

Report this
 
Monsters of Our Own Creation? Get tickets for this Truthdig discussion of America's role in the Middle East.
Right 1, Site wide - BlogAds Premium
 
Right Skyscraper, Site Wide
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 

A Progressive Journal of News and Opinion   Publisher, Zuade Kaufman   Editor, Robert Scheer
© 2014 Truthdig, LLC. All rights reserved.

Like Truthdig on Facebook