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December 27, 2012 By News Staff
Answer: Upwards of $60 billion
Drivers who are behind the wheel 5,000 miles a year pay the same in car insurance as those who drive 50,000 miles (in general). But if America adopted a pay-per-mile car insurance system, "driving would fall 8 percent nationally, oil usage and carbon emissions would drop 2 and 4 percent, respectively, and fewer traffic and accidents could be worth upwards of $60 billion a year," The Atlantic Cities reported.
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I can see where one would like to pay as they drive because if a person does not drive as much they should not pay as much as someone that drives double their mileage. On the other hand a person that drives more ahs more experience at driving than a person that does not drive as much and may be more skilled at driving than someone that does not drive as much and should get a lower rate. Hmmm...