I have found that mileage discrepancies reported to insurance companies is the result of proposition 103. The PAYD will open up other avenues of consumer fraud such as tampering with odometers and other inovative discoveries which will result in pay at the pump insurance another government take over of private business in the name of consumer protection.
I’ve heard “pay at the pump” insurance proposed, based on the assumption that the more gas one uses = more miles being driven = higher risk. But this assumption fails to take into account the wide variation in MPG.
But, the bigger problem “pay at the pump” would create is this: someone could steal your insurance by siphoning your gas!
I don’t see this taking much hold in CA as I can attest that 90% of my auto clients already lie when estimating their annual mileage. Why would they now want the insurance company to have proof of their lies? It is amazing to me that someone can drive 45 miles each way to work 5 days a week but only put 5000 miles annually on their car. I guess they are driving backwards on the way home.
I have found that mileage discrepancies reported to insurance companies is the result of proposition 103. The PAYD will open up other avenues of consumer fraud such as tampering with odometers and other inovative discoveries which will result in pay at the pump insurance another government take over of private business in the name of consumer protection.
I’ve heard “pay at the pump” insurance proposed, based on the assumption that the more gas one uses = more miles being driven = higher risk. But this assumption fails to take into account the wide variation in MPG.
But, the bigger problem “pay at the pump” would create is this: someone could steal your insurance by siphoning your gas!
I don’t see this taking much hold in CA as I can attest that 90% of my auto clients already lie when estimating their annual mileage. Why would they now want the insurance company to have proof of their lies? It is amazing to me that someone can drive 45 miles each way to work 5 days a week but only put 5000 miles annually on their car. I guess they are driving backwards on the way home.