Your Miles, Your Money
by Marty Ellingsworth
While numbers can lie, sometimes they’re real and tell an interesting story. In the insurance industry, for example, in the next four years, there will be $1 trillion in personal lines insurance premiums at the crossroads where primary carriers meet 300 million people living in the United States. (Read more on the Journal of Insurance Operations website)
http://www.iii.org/fact-statistic/auto-insurance
Number One Issue for the Public: Price of Travel – http://www.fhwa.dot.gov/policy/2013cpr/chap1.htm#5
National Travel Trends (see Table 17) http://nhts.ornl.gov/2009/pub/stt.pdf
Joseph Ferreira Jr. and Eric Minike (2010), Pay-As-You-Drive Auto Insurance In Massachusetts: A Risk Assessment And Report On Consumer, Industry And Environmental Benefits, by the Department of Urban Studies and Planning, Massachusetts Institute of Technology (http://dusp.mit.edu) for the Conservation Law Foundation (www.clf.org); at http://www.clf.org/wp-content/uploads/2010/12/CLF-PAYD-Study_November-2010.pdf.
Litman, Todd. 2008 (a). “Distance‐based vehicle insurance feasibility, costs and benefits.” Victoria Transport Policy Institute. http://www.vtpi.org/dbvi_com.pdf
Litman, Todd. 2008 (b). “Pay‐As‐You‐Drive insurance: recommendations for implementation.” Victoria Transport Policy Institute. http://www.vtpi.org/payd_rec.pdf
Greenberg, Allen. 2009. “Costs and benefits of varying per‐mile insurance premiums based upon measured risks specific to each mile driven.” Federal Highway Administration, http://www.vtpi.org/AG_PAYD.pdf
Transportation Energy Data Book Chapter 8 Household Vehicles and Characteristics
http://www-cta.ornl.gov/data/chapter8.shtml see Table 8-5