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Pay-As-You-Drive Insurance Gains And Losses

Tuesday, July 10, 2012 - 5:14 AM
If you don't drive much and you drively safely, you may be able to save up to 30% on your auto insurance premium with Progressive Snapshot. This BusinessWeek article describes a new announcement from Progressive which lets anyone try Snapshot for 30 days for free.

I don't think 30% is enough for low-mileage and safe drivers. A small insurer in Texas, MileMeter, used to offer bigger savings for low-mileage drivers. However, it looks like their business model had problems. MileMeter no longer exists as an auto insurance company.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708