Tuesday, September 9, 2008

Article - Driving less? Pay less for your auto insurance

Mercury News, August 28
Author: Pete Carey

California motorists who drive less could save more than gas money under a new green insurance option announced Wednesday by Insurance Commissioner Steve Poizner.
By the fall of next year, motorists will be able to choose insurance plans with premiums based partly on the number of miles they drive each year. A recent Brookings Institution study predicted that could yield an 8 percent drop in miles driven by light-duty vehicles in California, and cut rates an average of more than $250 a vehicle.

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