CA Insurance Commissioner Announces Pay-As-You-Drive Auto Insurance.

In a press release by the California Department Of Insurance,  Commissioner Steve Poizner officially made the new pay-as-you-drive insurance available in California.  Privacy rights groups have opposed this but under the new regulations consumers could verify mileage by odometer readings, automotive repair records, or a technological device used to collect mileage data. This new insurance is strictly voluntary. Before the new regulations would take effect, ( sometime likely in 2009 ), it will have to allow for public involvement first.

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Click here for the announcement.

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