[Jim Noble]

Make it voluntary and watch the price plummet.

[rollin]

Since when does the number of miles driven have any correlation to the number and type of accidents occurring per mile traveled by driver?

The facts are exactly the opposite. Drivers who don't drive many miles have a greater number of accidents per mile traveled because they don't have the experience of driving in all types of weather and in all road conditions.

This is just another attempt by the insurance companies to drive up the cost of insurance. And unfortunately, the public can be seduced by a program that promises to "lower costs and make it fairer" while the hidden agenda of being able to monitor your movements via GPS is overlooked.

This is a program that should be squashed!

[goodnesswins]

Actually, something I'd prefer is a discount for those who park their cars in a garage....since garage parked cars are NOT stolen, broken into, had CD players, etc. ripped off.....at home at least, where lots of the problems occur (on neighborhood streets).

Someone can drive A LOT of miles and be a better insurance risk, than someone who simply drives to the store everyday, but is a looney or crazy driver. Think teenage kid vs. salesman.

IMHO this is another attempt by the envirowhacko's to keep people from driving.

[Husker24]

Anyone who says that women get a raw deal on auto insurance is a FU*KING MORON!!! I know women who have multiple vehicles mutiple accidents and tickets that are unmarried who are the same age as me who pay less than HALF of what I have to pay, that is whats unfair about insurance. If blacks had to pay twice as much as whites there would be a national uproar and a supreme court case.

[Alberta's Child]

I'm surprised to see an idiotic article like this in a respectable publication like Forbes.

Why has the insurance industry been so cool to mileage-based pricing?

For the same reason that car rental companies started offering unlimited mileage on their rentals. The cost of tracking the mileage and assessing variable rates would be enormous. And when all is said and done they'll find that the people who drive the fewest miles are actually the highest risks.

The best driver I've ever met is a salesman who puts about 30,000 miles per year on his car, almost all of it in the worst region in the country for drivers -- the New York metropolitan area. He hasn't had an accident in years, but this kind of scheme would cost him a fortune.

[reloader]

Driving without insurance is a felony in Idaho. Yes, you lose your right to vote and your right to own firearms. This opens the door for insurance companies to charge (extort) exorbitant fees.
I realize driving without insurance is a serious matter, but a felony?.

[sarasmom]

Someone explain to me the following:

Florida is a "no-fault insurance state.

You must have PIP and Liability to legally drive your car.

It is stongly encouraged that one gets uninsured motorist coverage.

I have no tickets, no claims, no accidents, yet my insurance premiums rise every year due to "uninsured motorists".

Why should I continue to pay for PIP and liability insurance?

[cksharks]

Your last two posts makes me think Forbs is turning socialist.

[goodnesswins]

Actually, we should INSURE THE PERSON, NOT the CAR!

[JZoback]

The best way to lower insurance costs is to get rid of no-fault insurance. Good drivers don't pay for the bad drivers.

Insurance per mile is a bogus way to increase your premiums... sort of like your federal taxes....the more you make the more you pay.

Insurance set up like that will always increase.....just like taxes.....

[Sharpshot613]

If I engaged in the sexist, racist and "age-ist" pricing schemes that insurance companies practice while I was operating a private business, the ACLU would be screaming for my head. Jesse-uh Jackson-uh would set up picket lines outside my business and Janeane Garafolo would be telling the world "Like, he's bad n'stuff". The entire system goes way beyond being set up to make money(which shouldn't be allowed if it is mandated that everyone have insurance; think about the DMV and whether or not it turns a profit) and is well into the realm of theft.

[paul51]

Make Car Health Insurance Fairer

[T Minus Four]

"all-you-can-drive insurance encourages people to drive more than they otherwise would if they had to pay the full cost of each mile"

What???????? Does anyone believe this drivel? (Circle the block a few more times, Honey, we've only driven 18,000 miles this year and I want to get my money's worth!)

[justshutupandtakeit]

I pay 4 grand a yr. in Chicago (never had a major accident.) It makes me wonder how kids from poor families ever can learn how to drive.

[Bob J]

On NOW!

With your host Luis Gonzalez

This week's guest:

Mr. Ward Connerly

Mr. Connerly will discuss current issues and take calls.

Click HERE to listen LIVE while you FReep! HIFI broadband feed HERE! (when available)

Would you like to receive a note when RadioFR is on the air? Click HERE!

Click HERE to chat in the RadioFR chat room!

Miss a show?

Click HERE for RadioFR Archives!

[dogbyte12]

I would like to see a blended system. This article here is right. 28% of drivers in California are driving illegally, without insurance. The other 72% pick up the entire tab basically. So basically, if everybody averaged out owing $1000 each, the honest people on average are paying $1388 to subsidize those who don't have insurance.

If basic insurance was taken care of at the pump, then those who drive illegally are paying their share. More protection than the bare minimum, would be bought from the insurance companies.

There could even be a rebate program, for those who are heavily covered, and have an umblemished record.

[Publius6961]

Berkeley professor Aaron Edlin calculates that driving would be cut back by 9%, with an insurance savings of

I thought this was one of the dumber posts of the year until I got to this...

It all makes sense now, moron academics missing the heart of the matter and using fuzzy logic to promote stealth socialism.

Even mediocre minds are intuitively aware that below a certain number of miles driven, drivers are more dangerous than higher mileage drivers.
Exposure is a complex tapestry and reducing it to moronic yardsticks always fails in the real world.

The usual suspects ("progressives" and the other leeches) would suddenly be driving "just" 2000 miles a year. They feel entitled to cheat and are very good at it, from collecting welfare to staging "accidents" to voting several times.

Dumb dumb dumb idea...

[KeyLargo]

I believe that EDR's Event Data Recorders installed on all new vehicles should be mandatory. The parameters can be downloaded and exactly what the driver of the crash vehicle was doing just before the collision could then be acurately determined and actual fault could be proven.

See:http://www-nrd.nhtsa.dot.gov/edr-site/history.html

[ContentiousObjector]

the problem with black board economics is they can't acount for the douche bag factor.

When a certain industry is dominated by the clinton of the earth the rules of capitalism don't apply.

Insurance has become extortion because they can get away with it.
For example, medical malpractise premiums have continued to go up, even in states that have passed tort reform.

The 'legitimate' Insurance industry and not paying the mafia to firebomb your office have basically become the same thing.

[discostu]

Gee every insurance company I've delt with spends a fair amount of time figuring out my average daily drive (twice the distance form home to work plus some fudge) and adjusts the rates accordingly. My rates have also gone down as I've moved passed the "speeding youth" phase, and gone longer without a ticket. Maybe the writer needs a better insurance company.