Saturday, November 10, 2012

Will Voting Save You Money In The Future?

Safeco Insurance company filed a patent early last month that links voting activity with insurance.

According to today's Press Release by Insurance Navy:
"The model that Safeco patented identified six factors that will influence the probability of future insurance claims. Those include: Voter registration, recent voting, voting frequency, type of election -general, primary, or special; turnout for the election, and voting method. From these factors that are public records, the model will provide some indications about the possibility that a person applying for insurance will make a claim."
Okay, it makes sense that a sense of civic responsibility might correlate to low insurance claims but I doubt this is ever going to happen. Insurance is a heavily regulated business and this sounds politically sensitive. On the other hand, people who would be opposed to this idea probably aren't voting much anyway.