There&#x27;s a lot of pessimism ITT, but I&#x27;d like to say: As a new driver, I love these things. I started off with a multi-thousand insurance bill yearly, even with the cheapest insurance I could find. This is simply because I am young, male, and had to buy my own car - I don&#x27;t think the insurance company was screwing me over, I&#x27;m just a high-risk demographic.<p>However, I&#x27;m a fairly cautious driver - why should I have to pay for the indiscretions of other people in my demographic? I signed up for a UBI program and received a device that tracks<p>* How long I drive over 120km&#x2F;h<p>* When I drive<p>* How often I brake hard<p>I don&#x27;t consider this a huge breach of my privacy, and it has saved me over $5000 so far. If it required GPS my tune might change, but across 3 different insurance companies I&#x27;ve never seen a program like that. Maybe if I had the luxury of belonging to a low-risk demographic I would be more sensitive, but for people like me these programs are a godsend.<p>(Full disclosure: I have not read the linked article due to paywall)