3 of 7

Agree

Write now Article Tools

Page 2 of 2

etc. We have a large driveway, so even if I was to park it outside the garage, it is still off the road and relatively safe from most harm that can befall cars including theft, vandalism, sideswipes, and other damages.

My second vehicle may be driven 500 miles (this estimate is on the high side) annually. This year alone, I have put two full tanks of gas in (because I helped someone move with it).

I have two cars and an ATV. The ATV is not insured because its main use if for snow removal purposes in winter (from the long driveway) and workhorse in the yard in the summer, when needed.

Insuring individuals, based on their driving record and annual mileage makes more fiscal sense (except insurance companies will not have as much revenue coming in) then insuring cars that spend most of their time garaged and parked to those who rarely are on the roads with them.

Of course, most companies wouldn't like that due to lost revenue from those who spend their time anywhere but on the nation's highways.

Individual insurance makes more sense for those who drive less or have cars misclassified.

It would be great if states allowed drivers to insure themselves instead of vehicles and if insurance companies assigned reasonable rates for this. However, with the economy the way it is and wildfires, tornadoes, hurricanes, and other natural disasters causing record monetary damages, it is unlikely this will catch on nationwide.

Learn more about this author, B. L. Babb.
Click here to send this author comments or questions.

• << previous page
• 1
• 2

Add your voice

Know something about Insurance should be required for the driver not the vehicle?
We want to hear your view. Write now!