Monday, February 22, 2010

There is such a thing as TMI

Doing my normal web surfing and did it ever occur to you that people (i.e. complete strangers) know to much about you? Well, it seems like big business is using your own "big brother" to follow you and determine your insurance cost. In the face of Congress dragging their feet on universal healthcare or the lack thereof, this should be a lesson.

So tell me, do you worry about what you share on your twitter or facebook?

Read the preview & Click the link to check out the article I found on Huffingtonpost:


Twitter and Facebook users could see their home insurance premiums rise by as much as 10 percent in the coming years, says Confused.com, a site that allows users to compare the cost of insurance across different providers.

Confused.com argues that social media services like Foursquare and Buzz can increase the risk of theft by alerting burglars to times when people are out of their homes, thus leading to home insurance hikes.

Confused.com isn't alone in worrying about the 'dark side' of status updates. As we wrote last week, the site 'PleaseRobMe.com' was created to make online tell-alls aware of the risks to publicly sharing their location. The site essentially tells the world when Twitter users aren't at home by aggregating location check-ins posted to the microblogging site.


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