Proposal would allow drivers to trade personal data for potentially lower insurance rates

California is considering a new law that would let drivers trade their personal data for lower insurance rates, thanks to AB 311. This proposal would enable insurance companies to track driving behavior via telematics if drivers opt-in. This move could lead to more personalized insurance pricing based on actual driving habits, potentially lowering costs for safe drivers. While it offers a promising way to refine insurance rates, it also raises privacy concerns about how personal data is used and protected.