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How DePIN Can Modernize Car Insurance

Auto insurers take a blanket approach to setting premium prices, disadvantaging drivers with better records. DePINs can help individualize policies while keeping data secure, writes Hugo Feiler, CEO of Minima.

By Hugo Feiler|Edited by Benjamin Schiller, Marc Hochstein

Updated Nov 12, 2024, 5:05 p.m. Published Aug 7, 2024, 4:16 p.m.

American Motors Corporation (AMC) Javelin. A highly customized muscle pony car for drag racing and auto shows with a supercharged AMC V8 engine. Note: this car is based on the 1971 or 1972 version. Photograph taken at an AMC meet in Kenosha, Wisconsin. — Custom cars are sweet, but customized insurance rates would be sweeter. (Christopher Ziemnowicz)