Accident record access?

I'm sure they take into account whatever accident history you tell them, but they are not part of CLUE. I've never worked for them or known anyone who does, but it is most likely based on credit history. They want to make sure you pay your bills.

We have GEICO. My wife has been in three not at fault accidents in the last four years. Our rates have not gone up appreciably. Allstate would have canceled us by now. Different insurance companies have different business models. It pays to shop around, but it also requires some wisdom to avoid getting with a company that will drop you at the first sign of trouble. Kind of like high-paying trucking companies that will fire you for the first minor incident. (Looking at you, Walmart and ATS.)

 

Even if they don't use 'CLUE' individual records are widel available on-line and every company looks at your history before providing coverage.

CLUE just makes it quicker for the companies that do subscribe.

First time I received a copy of the companies 'insurance mod' from our insurance broker, it was a complete record across 3 different insurance carriers listing every incident that resulted in a claim with separate additional claims and extra reserves for B/I [body injury] claims.

Every commercial provider has access to this information and it can't be much diffferent when looking for individual infomation.

The experience mod shows the claim reserve(s) for open claims as well as the settled amounts for closed claims.

After a fatality, I remember our broker pushing the carrier [who was dropping us which is common post-fatality] to update the reserved number down to the settled amount so he could start shopping for our new carrier as the reserve was 100% of our liability coverage while the settled amount was only 80% and easier to work for him to find coverage.

Insurance companies subscribe to on-line police reports which do list the insurance carrier and policy numbers for anyone.

 

Yes, I'm sure that GEICO has access to claim information, and much more. They're owned by Warren Buffett, so it's guaranteed that they have more data than you can imagine about every person in the U.S. All companies have extensive files on all consumers. They aren't entirely dependent on the credit reporting agencies. The only issue is accuracy. I know from handling the data that they know things about people that they have likely forgotten about themselves. But again, every company makes decisions using different methods based on differing business models, just like trucking companies make decisions differently depending on their business model.

Commercial policies though are actually quite different from personal policies. The laws are different, the policies are different, the liability is different, the rates are different. Not many carriers do both commercial and personal policies since they're different animals.

 

I'm thinking the exact same thing. Over the past 10 to 15 years I have been introduced to so many databases I sometimes stand shocked at how extensive the information is.

My son-in-law told me a while back that his insurance carrier offered him somewhere around 5% off his premium if he would allow them to plug a sensor into the vehicle computer access socket. Several months into it he got a letter from them stating his insurance was going up. After some digging, he later learned that the sensor was a tattletale. After he and Keri got married they changed to another insurance company.

There is a scene in the movie "The Hunt For Red October" where the admiral tells Alex Baldwin the Russians don't go to the bathroom without a plan. Insurance carriers don't make quotes without data. You can call that data whatever you want, but data is still data.

While I am not a large fan of the ACLU I will only say even a broken analog clock is right two times a day. Considering all the information being gathered by the Governments as well as industries like Insurance carriers, the following video is both scary and sadly a preview of coming attractions.


One day in the future before the operator of a CMV will be allowed to start they will have a probe stuck up their rear and have biometric devices monitoring them. In some respects, I am glad I am 66, retired, and hopefully won't be alive to see this.