Monday, April 18, 2016

Insurance GIGO

That's an old computer term meaning "Garbage In, Garbage Out;" that is, if your program or data is faulty, the results you get are going to be unreliable. And it seems that a bunch of us aren't quite getting that message:

"Half of Insurance Shoppers Giving Inaccurate Information"

Turns out that, in a recent survey at one of those insurance quoting sites, over 50% of the folks gave erroneous info. It's not clear whether that was inadvertent or deliberate, of course, but if you're giving the wrong answers, you're going to get useless quotes.

The site itself offers quotes across multiple lines of coverage, including home and auto.

Is this the end of the world? Of course not, but what it means to those giving inaccurate answers is that they're going to be waiting in line a bit longer, and their purchasing decision just got slower and more difficult.

Exit question: why would someone go to the trouble of requesting a quote and then provide bogus data? I just don't get it.
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