The survey also revealed that more than one-third of consumers don't feel well informed about insurance. This is leading some to go without coverage. More than a quarter (28%) of uninsured respondents say they are without coverage because of a lack of industry knowledge. (Credit: Shutterstock.com) The survey also revealed that more than one-third of consumers don't feel well informed about insurance. This is leading some to go without coverage. More than a quarter (28%) of uninsured respondents say they are without coverage because of a lack of industry knowledge. (Credit: Shutterstock.com)

In exchange for lower insurance premiums, 72% of consumers would share some form of personal data, including health and home information, according to a survey by Capco. Younger consumers (18-24) are even more willing to share, as 87% say they would divulge their details for lower premiums.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]