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	<title>Sightline InstituteThe Drive Toward PAYD - Sightline Institute</title>
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		<title>The Drive Toward PAYD</title>
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		<pubDate>Thu, 03 Feb 2005 10:23:46 +0000</pubDate>
		<description><![CDATA[Benefits greatly ouweigh the costs. | Mixed news for those of us who have been longing for a real low-mileage discount on our auto insurance: A new analysis of the prospects for pay-as-you-drive vehicle insurance (PAYD) concludes that it&#8217;s about three years away from broad implementation. The analysis cites a number of barriers for adoption by insurance companies&#8212;such as launch costs, the issue of privacy violations, and patent fees&#8212;but concludes that consumer interest, potential cost savings,...]]></description>
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