Video: Environmental Insurance Agency at AltWheels Boston 2007
At AltWheels Boston 2007, the Environmental Insurance Agency (EIA) told me they want people that drive less to pay less for insurance. Currently, EIA is working to get laws changed in Massachusetts and New Hampshire. The idea of paying for how much you drive is called pay-as-you-drive (PAYD) and it's offered by several insurance companies right now. Progressive's Tripsense offers discounts of up 25 percent based on how much the vehicle is driven. GMAC has offered mileage-based discounts to Onstar subscribers in certain states. Italian insurer SARA offers a per-day insurance policy where customers send text messages indicating they will drive the next day or next week. The Dutch insurance company Pazomat offers 50 percent discounts dependent on the amount of driving you do. PAYD is a great way to reduce insurance costs for people who drive less. Too bad it's an uphill climb to get it enacted.
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(Page 1)2. This is awesome i drive 3 times a month is this legit? I'm going to have to investigate and post about it on good old http://www.askTheAdmin.com as soon as I find out! Wow imagine how much dough i could save$$$!
Posted at 11:23AM on Oct 7th 2007 by AskTheAdmin
3. This is a great idea that me and my friends have always wanted. I've been wanting to get into a living situation where I can bike to work, but keep a nice car for weekend driving. My main detractor keeping me from doing this was the fact that in this economy, it's cheaper for me to live further out and pay less for rent than to live close to work and not drive at all.
I also prefer this over the urban share-a-car things, as they seem slow to setup share points (at least in Austin), and they're only in areas to serve university students (who aren't daily drivers) and upper-class people who own condos downtown (who probably own and easily can afford a nice car anyways).
I hope you guys can branch out to Austin!
7. Actually one of my friends first read this article and asked me to visit this page. This article has very useful information, it will be helpful for many. It’s really amazing to read this description. Thank you so much for your help and for your efforts.
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8. This article has very useful information, it will be helpful for many. Actually one of my friends first read this article and asked me to visit this page. It’s really amazing to read this description of this article. Thank you so much for your help and for your efforts.
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9. Actually, as far as the term life insurance end of this goes, you can almost text a request for coverage through some online web sites. If you can get to their web site and pay with a credit card online...it just may be possible. This one offers term life insurance with no exam and you can apply online - http;//www.term-life-online.com/term-life-insurance-no-exam.html
10. Sorry about the wrong link in the previous post.
This one offers term life insurance with no exam and you can apply online - http://www.term-life-online.com/term-life-insurance-no-exam.html
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1. Seeing as I drive 7 days a week and have kids I'm not very interested in this.
Posted at 12:15PM on Oct 4th 2007 by Rick