GreenCred

A green(er) auto insurance option?

Let’s set the record straight, there is no such thing as ’green’ auto insurance. The only way ‘green’ is being marketed in the auto insurance marketplace is how much ‘green’ you might be able to save in 15 minutes or less.

Today’s auto insurance pricing model has been considered inefficient by many as the traditional factors that contribute to your auto insurance rate such as driver characteristics (age, gender, marital status, & address), your vehicle usage, your driving record, and your insurance bureau score do not correctly assess the true risk of a driver.

It’s common sense that the more time a vehicle spends on the road the more it is prone to a loss rather than when it is sitting in the garage, right? Well the data collected by insurance companies suggests this and those individuals who are low mileage drivers often subsidize insurance costs for high mileage drivers. What if there was a true ’pay as you drive’ insurance option for low mileage drivers?

If you are a low mileage driver you certainly deserve to pay less for your auto insurance. To learn more about ‘pay as you drive’ insurance options continue reading here.

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Mark Strauss is an independent insurance broker with the Leonard Adams Insurance and offers affordable, personalized peace of mind for both individuals and business. You can learn more about him and his business at http://www.oregoninsuranceadvisor.com.

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