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I can understand why people would be wary of this sort of technology. Personally, I wouldn't mind having one installed in my car. I'm all for trying to get the best deal for my money, and who couldn't use a few extra bucks these days??
Even if they could theoretically track my location, I still don't think it'd bother me that much. I don't really lead that much of an exciting life, and I doubt it'd really be that exciting to anyone that my car goes to my office, gym, grocery store, and home. My gut feeling tells me that the insurance company would be restricted in revealing locations except by some sort of court order.
Bottom line, if this gets me a fairer deal on my insurance based on how much I actually drive, it sounds like a no-brainer to me. And if accidents go down because people aren't speeding as much, isn't that better for society and the environment?
If only health insurance could work like this...
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