Pay-As-You-Go Car Insurance - MileMeter

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Alex Covert
 On: Jan 12, 08
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Pay-As-You-Go Car Insurance [Edit]

MileMeter



Pay-As-You-Go Car Insurance - MileMeter 1,894 Views - Click for Larger Image

Insurance is the ultimate bitter-sweet product. We curse having to pay premiums and thank the heavens when we receive a check after an accident. It is a necessary evil. Dallas, Texas-based, MileMeter is a new kind of automobile insurance. They will provide insurance on a per-mile-basis. Customers pay in advance increments of 100-miles. Once your odometer passes the pre-payed mileage, your insurance coverage runs out.

By rewarding reduced driving with lower insurance costs, insurance by the mile has the potential to reduce our environmental impact and to make insurance fair, accurate and affordable. (springwise)

 Source: milemeter   Via: springwise  






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Comments:


Radical. But No Good for So CA drivers & CA drivers overall 2 many Miles to drive. Other states maybe, but East of Mississsippi. Maybe. Rethink this Plan/

By: rocketranger on Jan 13, 08 | 0 Trends | 2,555 Comments

Author -- Miles will be purchased in 1,000 mile increments, not one hundred. Rocketranger -- the average vehicle miles traveled per year is regionally adjusted. MileMeter's product could be very financially advantageous to drivers in California. Persons who drive less than the regional average will "save" on insurance costs (almost) proportionately. Hope this helps. Thanks for the coverage on MileMeter! Sincerely, Chris CEO, MileMeter

By: Chris Gay on Jan 14, 08 | 0 Trends | 1 Comments



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