Lowering auto insurance rates doesn’t involve “rocket science,” Alberta Premier Ralph Klein scoffed last week. To prove his point, he vowed to sit his MLAs down together in the same room one day soon to lower rates for 80% of Alberta drivers. His ideal is one-size-fits-all insurance. “What we want to achieve is comparable levels of premium payments for the middle of the pack so to speak . . . you, me.”
Pay-per-minute automobile insurance — a new approach that a major U.S. insurance company has tested in the Texas market — is a hit with consumers. On average, the hundreds of Houston-area drivers who signed up are saving 25%, and some — those who don’t drive much, or who are insuring a lightly driven second or third car — are saving up to 50% over what they had been paying for traditional automobile insurance.
The 20th century has been ruled by the automobile; the future belongs to urban transit. Continue reading Coming soon to a subway near you: Part 2
The 20th century has been ruled by the automobile; the future belongs to urban transit. Continue reading Coming soon to a subway near you: Part 1