I thought Progressive had patented this technology. They couldn’t make it work. The concept is great. Park your car a lot, you’ll pay less. Drive it a higher than average amount, you pay more. The problem is that this is only attractive to drivers who qualify for the lowest rates.
Should be interesting to follow.
Maybe someone read Tobias’ book, the Invisible Bankers…that will be next
From his bio:
“he hired planes with anti-smoking banners to fly up and down Long Island beaches in pursuit of the Newport Cigarettes planes.”
I thought Progressive had patented this technology. They couldn’t make it work. The concept is great. Park your car a lot, you’ll pay less. Drive it a higher than average amount, you pay more. The problem is that this is only attractive to drivers who qualify for the lowest rates.