&gt; Generally i think companies leverage data to ratchet rates upwards, not offer unsolicited discounts. Why invest in infrastructure that will reduce profit?<p>Because it&#x27;s a competitive market, and if they don&#x27;t offer competitive rates, other insurers will take all their market share.<p>I&#x27;m really not seeing how this isn&#x27;t obvious. If there&#x27;s a clearly more efficient way of doing insurance rates, companies can either adopt it, or die at the hands of the ones who do.