Calif. Auto Insurance Regulator Approves State’s First Pay-as-You-Drive Programs

Los Angeles, CA – (WiredPRNews.com) The first two pay-as-you-drive auto insurance plans that will be offered in California were approved on Thursday and should be made available to drivers in 2011. The announcement comes two years after Insurance Commissioner Steve Poizner began developing regulations for such programs. Pay-as-you-drive plans, through which policyholders can receive discounts […]