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Car Insurance Rates Reduced Using Tracking Devices - Pay as You Drive

July 30th, 2008 | Consumer Tips | No Comments

Tracking devices to cut car insurance rates

A new concept in determining auto insurance bills is coming to the state with the nation's highest average rates: pay-as-you-drive.

For the first time, a New Jersey auto insurance company wants to equip cars with high-tech devices that constantly track motorists' driving habits to determine how much they should [...]

Previous Stories

• Cracking UP - III reports US automobile crash statistics
  March 11th, 2008
  

  The cost and crashworthiness of vehicles as well as drivers' safety habits affect the cost of auto insurance. In 2006, 42,642 people died in motor vehicle crashes and an additional 2,575,000 people were injured, according to the U.S. Department of Transportation. Out of concern for public safety and to help reduce the cost of crashes, insurers support [...]