MarsBit News
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Data drives the future: DePIN rewrites the chapter of auto insurance
Original title: How DePIN Can Modernize Car Insurance
Original author: Hugo Feiler
Compiled by: Alvis, Mars Finance
Car insurance companies often take a blanket approach to setting premiums, which penalizes drivers with good driving records. Minima CEO Hugo Feiler noted in his article that DePIN can help personalize policies while keeping data secure.
Custom cars are great, but custom insurance rates are even better. (Christopher Ziemnowicz)
I got my driver's license at 18, which gave me a great sense of freedom. But when I thought about buying a car, I was discouraged by the high cost of car insurance. Since I was a new driver, the insurance company considered me to be in a high-risk group and the quotes I received were outrageous. I felt it was unfair to evaluate me as a driver based on the general impression of the group I belonged to.
Original author: Hugo Feiler
Compiled by: Alvis, Mars Finance
Car insurance companies often take a blanket approach to setting premiums, which penalizes drivers with good driving records. Minima CEO Hugo Feiler noted in his article that DePIN can help personalize policies while keeping data secure.
Custom cars are great, but custom insurance rates are even better. (Christopher Ziemnowicz)
I got my driver's license at 18, which gave me a great sense of freedom. But when I thought about buying a car, I was discouraged by the high cost of car insurance. Since I was a new driver, the insurance company considered me to be in a high-risk group and the quotes I received were outrageous. I felt it was unfair to evaluate me as a driver based on the general impression of the group I belonged to.
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