Contents

CENTSPERMILENOW

Per-Mile Premiums for Auto Insurance

The Only Way to Make Mandatory Automobile Insurance Work

Table of Contents

Contribution to California Insurance Department workshop June 2008 on the cause of extreme premium ranges within each locality, e.g., Berkeley. (#794+789, 2+25 pages)
Congressional hearing Oct. 2007 on the FTC "Auto Insurance Credit Score Report" - Statement for the Record (#782, 1 page)

Mandatory Auto Insurance

Texas Cents-Per-Mile law of 2001 -- Sunset on Sept. 1, 2005

Why is Mandatory Auto Insurance Opposed by Insurers?

How Mandatory Auto Insurance is Sabotaged
by Per-Car Premiums

Harmful "Adverse Selection" in Auto Insurance and Why Insurers Resist the Remedy (Sept. 2003)

Adverse Selection Cartoon: Low Credit-Score Drivers Saving the Hard Way (#736 Oct. 2005)

Academic Papers

The Premium Structure . . . Promot[es] Excessive Use of a Given Stock of Cars and Undue Stinting on the Ownership of Cars—William Vickrey (1968): Truth and One Consequence (#789 24 pages. Presented at the Western Risk & Insurance Association annual meeting, January 2008)
Why Low Credit Scores Predict More Auto Liability Claims: Two Theories Essay written for the Journal of Insurance Regulation sponsored by the National Association of Insurance Commissioners NAIC (#776 Oct. 2007, 8 pages)
Current Insurance Pricing Unduly Limits Car Ownership - Letter published by the Economists' Voice, December 2006
Why Low Credit Scores Predict More Auto Liability Claims: Two Theories Working Paper, American Risk & Insurance Association, August 2007 (#774, 11 pages)
Driver Negligence vs. Odometer Miles: Rival Theories to Explain 12 Predictors of Auto Insurance Claims #755 (34 pages, American Risk & Insurance Association 2006 Annual Mtg.)
What Negligence Theory Needs to Learn from Automobile Insurance: 'Fault is Predictively Irrelevant' (and Why) (#756, 23 pages July 28, 2006 working essay on tort law and economics)
Pay-Per-Mile Auto Insurance section from textbook Consumer Economic Issues in America, 8th Ed. 2003, Thomas Garman

On Pay As You Drive Premiums

Publications & Academic Papers (cont.)

List of Papers (Available here as downloadable pdf files and on request as paper copy reprints sent by postal mail)

Operation of an Audited-Mile/Year Automobile Insurance System Under Pennsylvania Law (#486, 32 pages, Prepared for the Pennsylvania General Assembly, June, 1992)

Driving With The Brakes On: Guido Calabresi's Failed 1970 Auto Insurance Case Against Safety-Device Mandates (#752, 32 pages, August 30, 2005)

Are Drivers of Uninsured Vehicles "More Dangerous"? A Sampling Paradigm to Resolve Conflicting Evidence (#750, 13 pages, Southern Risk & Ins. Assoc. 2004 Ann. Mtg.)

Proof That Auto Insurance Rating by Accident Record Predicts Miles not Negligence: Fault is Predictively Irrelevant (#753, 12 pages, Western Risk & Insurance Assoc. 2005 Annual Meeting)
An Alternative to the High-Risk-Driver Theory: Adverse Selection Induced by Per-Car Premiums (#748, 24 pages. American Risk & Insurance Association Annual Meeting August 2004)
Why the Standard Automobile Insurance Market Breaks Down in Low-Income Zip Codes: 2000 Report to TX Legislature Analysis of testimony on which the Texas Cents-Per-Mile-Choice law of 2001 was based (#633, 39 pages)

Texas Auto Insurance Costs by County ($$ per vehicle year) and by Miles Driven (¢ per vehicle mile)

CentsPerMileNow is a project of the National Organization for Women (NOW), Washington, DC, and Texas NOW