Although several states have considered VMT fees as an alternative to the gas tax, none have yet instituted them. But recent news articles show that interest is still high, and some states may be inching toward this model. Insurance billed on a per-mile basis is also beginning to appear.
insurance
Instant rewards, penalties, and feedback are shown to change driver behavior
A new study shows that tiny financial losses can improve motorists’ compliance with speed limits. The study’s researchers found that the psychology of losing money, even just a few pennies, as well as the instant feedback of seeing the money trickling away, almost completely eliminated speeding. Hybrid drivers often experience the same instant feedback by watching their dashboard mileage monitor in real time. As drivers become more comfortable with continuous monitoring of vehicle operations and instant feedback on their own behavior, both safety and efficiency can be expected to improve.
Oregon Senate passes bill to ease the way for car-sharing programs
If a car owner wants to rent a car to someone for a day when it is not being used, what happens with the car insurance? Under a bill passed by the Oregon senate, the …
Oregon Senate passes bill to ease the way for car-sharing programs
If a car owner wants to rent a car to someone for a day when it is not being used, what happens with the car insurance? Under a bill passed by the Oregon senate, the …
PAYD
This acronym may become increasingly common as insurance companies and consumers try out Pay-As-You-Drive insurance. PAYD ties insurance pricing to the amount of driving. A recent study by the Pacific Institute for Climate Solutions looks …
Falling VMT and Insurance Rates with PAYD?
In its Clean Energy and Climate Plan, the authors assert that a mandatory charge-per-mile system for the entire state would reduce VMT by up to 9.5%. Massachusetts would like to find out. For a voluntary system, …