Car Insurance

January 7, 2011, 6am PST
By charging drivers for each mile they travel, rather than a fixed amount, pay-as-you-drive insurance could cut driving by eight percent nationally, or more than eleven percent in New York State, says a Brookings Institution report.
Streetsblog
October 21, 2009, 7am PDT
California has finally begun to encourage insurance companies to offer "pay as you drive" (PAYD) insurance policies. The Natural Resources Defense Council says it's a half baked policy.
Streetsblog Los Angeles
August 31, 2008, 11am PDT
The State of California is considering a plan to allow pay-as-you-drive car insurance plans. Many hope the move will encourage less driving.
The Los Angeles Times
Blog post
April 23, 2008, 10pm PDT

I once was consigned to a table full of business school students at a land-use conference at UCLA. Trying to be a good sport, I offered the only idea that I'd ever had about business: car insurance charged according to miles driven. I posited that since risk and mileage were more or less correlated, it only made sense that people who drove more and incurred more risk should pay more.

My tablemates stared back at me as if I had just issued a rousing recitation of Das Kapital.
Josh Stephens