VEHICLE DIAGNOSTIC TELEMATICS ........ big bother is knocking on your insurance door.
I can tell you as a fact that Insurance companies in Australia are looking right now at bringing in the compulsory fitting of these devices as a requirement for you getting insurance on your exotic/super car.
this is an example of the pitch insurance companies are using right now, http://www.insurethebox.com/
offering discounts and help if your car is stolen but shortly it will be a demand, especially for big dollar vehicles....
Insurance companies are now offering discounts for people that fit Telematic devices that send details of how you drive back to the insurance company.
These boxes send back your speed, braking, acceleration, all your driving habits directly to your insurance company.
People on the car scene need to get together and black ban any insurance company that offers these devices in Australia otherwise you'll never be able to accelerate hard or brake hard again without losing your insurance cover. If you were driving at 10kmh over the limit at the time of any accident they will have a record of it and you wont have insurance.
Next step will be the police having the power to look at this data as a way to help lower the road toll and using that excuse ......... you know it will go thru Parliament like Hugh Hefner thru blondes.
Right now theyre offering it as an incentive to get discount to suckers that will come on board. Next step will be they wont insure your supercar, modified car or collector car without one.... then it will lead to no one getting insurance without one... the only way to fight this would be a world wide black banning of insurance companies offering their use right now.
Unfortunately I cant see that happening, so welcome to our future, guys.