[sustran] Re: Pay-As-You-Drive Pricing For Insurance Affordability - Media Notice

Jonathan E. D. Richmond richmond at alum.mit.edu
Wed May 19 23:47:26 JST 2004


Todd's idea is a good one -- the more the costs of driving can be
connected with usage the better because having high fixed costs and then
low marginal costs only promotes usage for those who have bought cars.

But there would be a problem over the need to take mileage readings --
requiring a bureaucracy and opening the process up to possible abuse. How
could that be dealt with? --Jonathan

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Jonathan E. D. Richmond                               02 524-5510 (office)
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