California's "Pay-As-You-Drive" Insurance Misses Mark

This week, regulations proposed earlier this month by California Insurance Commissioner Steve Poizner that purport to incentivize Pay As You Drive insurance will likely be adopted as law... Pay As You Drive insurance directly ties the amount you pay for auto insurance with the number of miles you drive. This incentivizes and rewards less driving, which is good for the environment, and offers drivers an easy way to save money, which is great in these economic times. In fact, it’s such a good environmental idea that 13 states have included it in their Climate Action Plans, their blueprints for cutting global warming pollution...

Opposing Views: California's "Pay-As-You-Drive" Insurance Misses Mark