Pay-Per-Mile Auto Insurance not a new idea but maybe a timely one
Pay-per-mile or Pay-as-you-drive (PAYD) auto insurance plans are a less expensive alternative to traditional auto insurance that is gaining popularity, especially among transit users. Traditional auto insurance premiums are based on a variety of risk factors, but do not typically take into account the mileage that the vehicle is driven. PAYD programs offer full-coverage insurance … Continued