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Alex CovertAlex Covert
On: Jan 12, 08
803 Trends
3 Comments

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Pay-As-You-Go Car Insurance Edit

MileMeter



Pay-As-You-Go Car Insurance - MileMeter
MileMeter
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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)

References: milemeter, springwise

2 Comments: on Pay-As-You-Go Car Insurance








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FOUR WAYS TO REACT: vote, favorite, add more examples of Pay-As-You-Go Car Insurance or add your comment about MileMeter.


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   2,582 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 15, 08   0 Trends   1 Comments
Favorited by shanay on Jul 21, 08

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