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So you think it would be better if insurance companies knew exactly all the details of your life so they could custom design your premium for you? Because that is the real outcome of making premiums specifically catered to your life experiences as opposed to general buckets.

If everyone were charged the same premium, your premiums would actually be much more, because now you would be deemed as posing the same amount of risk on the road as a person who has caused 5 accidents over 10 years.

You can't have your cake and eat it too.




no, definitely not! god no!

that does away with the idea of insurance. what if your genes said that you were 15% more likely to get cancer and all the insurance companies won't accept you?

what if to keep your premiums you had to not eat bacon?

hellish!




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