PAYD News

Sequioa to Offer Pay-As-You-Drive Insurance in California

California Insurance Commissioner Dave Jones has approved a filing by Sequoia Insurance Co. to offer Pay-as-You-Drive auto insurance coverage. The Monterey, Calif.-based firm joins Automobile Club of Southern California and State Farm Mutual Automobile Insurance in offering this program to …

Washington Considers Pay-As-You-Drive Insurance

Washington is considering a proposal that would allow drivers’ insurance rates to be based primarily on the number of miles driven per year. Supporters of the pay-as-you-drive bill, Senate Bill 5730, said pricing insurance per mile is more equitable because …

CSE Insurance Launches Pay-As-You-Drive Program

Walnut Creek, Calif.-based CSE Insurance Group has filed a pay-as-you-drive auto insurance program with the California Department of Insurance. Upon approval, customers who take part in the SAVE program will be rewarded for driving fewer miles with lower auto insurance …