Monday, April 4, 2011

Car Insurance Public policy


In many jurisdictions it is compulsory to have vehicle insurance before using or keeping a motor vehicle on public roads. Most jurisdictions relate insurance to both the car and the driver, however the degree of each varies greatly.Several jurisdictions have experimented with a "pay-as-you-drive" insurance plan which is paid through a gasoline tax. This would address issues of uninsured motorists and also charge based on the miles driven, which could theoretically increase the efficiency of the insurance through streamlined collection.


1 comment:

  1. I agree that in some countries it is compulsory to carry a minimum level of level insurance when on the road. I find this rule a great thing as it help to promote the importance of carrying an insurance among all the people.
    commercial insurance quotes

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...