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Facebook Could Be Selling Your Data - Making You Pay More For Your Insurance Coverage

Read the full article on CBS.

NEW YORK (CBSNewYork) — What insurance policy holders do in their daily lives may not be so private.

If you’re posting any information publicly online, your insurance company could be using it to determine your coverage, CBS2’s Natalie Duddridge reported Thursday.

Posing in front of a great white shark and dangling your feet out the side of a helicopter — those types of pictures may get you likes on Instagram, but only dislikes from your insurance company, which could consider it dangerous, tech experts say.

“Especially for claims, they look into social media, looking to see if someone’s driving a motorcycle without a helmet or posting pictures drinking and smoking,” said Duarte Pereira, senior VP of FitechGelb.

Experts say searching your online presence could become a standard practice of the insurance underwriting process that could affect life insurance, car insurance, home insurance, and even pet insurance. 

Read the full article on CBS.

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