http://www.harryrclarke.com/2009/03/31/traffic-accident-externalities/ On economics, politics & other things Fri, 12 Mar 2010 05:23:49 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.harryrclarke.com/2009/03/31/traffic-accident-externalities/comment-page-1/#comment-9265 “Pay As You Drive” Bulletin September 2009 « Pay_as_you_drive Thu, 17 Sep 2009 18:47:14 +0000 http://www.harryrclarke.com/?p=39#comment-9265 [...] that they can have in the development of a more ecological use of the vehicle, although in fact there are many other costs generated by the traffic that should motivate a bigger political support to this type of [...] [...] that they can have in the development of a more ecological use of the vehicle, although in fact there are many other costs generated by the traffic that should motivate a bigger political support to this type of [...]

]]> http://www.harryrclarke.com/2009/03/31/traffic-accident-externalities/comment-page-1/#comment-17 conrad Tue, 31 Mar 2009 06:13:07 +0000 http://www.harryrclarke.com/?p=39#comment-17 You can already buy insurance based on number of kilometers driven (e.g., http://payasyoudrive.com.au/views/content/research.aspx). However, I drive a relatively small amount distance (1500 kms per year), and hence wouldn't mind this type of insurance, but when I calculated it out, the cost was very similar to my current unlimited version with the RACV. Based on this, it seems clear to me that these schemes are certainly over charging (at least for low-risk cars and drivers like myself). You can already buy insurance based on number of kilometers driven (e.g., http://payasyoudrive.com.au/views/content/research.aspx). However, I drive a relatively small amount distance (1500 kms per year), and hence wouldn’t mind this type of insurance, but when I calculated it out, the cost was very similar to my current unlimited version with the RACV. Based on this, it seems clear to me that these schemes are certainly over charging (at least for low-risk cars and drivers like myself).

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