"Some companies offer 'pay as you drive'
The idea is expanding quickly. Progressive Insurance Co. offers pay-as-you-drive policies in 19 states, and California launched a voluntary program in October. A smattering of smaller companies are offering similar products.
But each policy is different, and a handful of environmental groups say a standardized approach would expand its use while ensuring that environmental objectives are met. A Brookings Institution study last year estimated that if every driver had a miles-based insurance policy, car travel nationally would be reduced by 8 percent. That would cut emissions 2 percent and save each household $270 annually, on average, per car. ...." Pay as you drive Car Insurance
Progressive Insurance Automotive X Prize Announces Teams Qualified to Compete for $10 Million and Launches National Student Contest
43 teams have been judged qualified to advance in the $10 million Progressive Insurance Automotive X PRIZE, a competition to create viable and super fuel-efficient vehicles.Registration also opens for a national student contest to reinvent the automotive dashboard, sponsored by a grant from the U.S. Department of Energy. NEW YORK--(Business Wire)-- The Progressive Insurance Automotive X PRIZE, a multimillion dollar competition to inspire a new generation of viable, super fuel-efficient vehicles, today announced the 43 teams- representing 18 states, 10 countries and 6 fuel types, that have passed the competition`s Design Judging phase and will move into the most exciting phase of the competition - performance and safety testing - putting them one step closer to their share of the $10 million prize purse
