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 A lot of drivers out there don't believe that your insurance company can be linked to your various accounts on social services. The insurance provider is not likely to have access to your Facebook profile, to your Twitter, or even your Bebo information. So far, this has certainly been the case. Although the social networking websites have so far not been considered into any premium calculations, the future has a different path.



Next, we'll discuss ways in which the insurance companies take advantage of this information and how they're able to leverage it. You'll also learn the reason this trend is likely to grow in the future.

Auto insurers currently use your driving record, living address, the type of vehicle you drive, and other factors, to calculate your premiums. This information allows them to better predict the chances you'll file a claim in the future. For example, if your driving record is spotless, you're less likely to cause an at-fault collision than someone who has multiple speeding tickets on their record. Likewise, driving a vehicle that has a low claims loss history poses a lower risk of insurance loss than a car with a high claims loss history.

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