Usage-based Insurance - Economic and Environmental Impact

Economic and Environmental Impact

In economic terms, usage based insurance can be regarded as a form of context-aware service. Usage based insurance has been strongly promoted by environmental and transport groups, either as a way of encouraging people to use their cars less or more responsibly.

Read more about this topic:  Usage-based Insurance

Famous quotes containing the words economic and, economic and/or impact:

    Postmodernism is, almost by definition, a transitional cusp of social, cultural, economic and ideological history when modernism’s high-minded principles and preoccupations have ceased to function, but before they have been replaced with a totally new system of values. It represents a moment of suspension before the batteries are recharged for the new millennium, an acknowledgment that preceding the future is a strange and hybrid interregnum that might be called the last gasp of the past.
    Gilbert Adair, British author, critic. Sunday Times: Books (London, April 21, 1991)

    A different world can be created or re-created—but not until we stop enshrining the economic values of invisible labor, infinite and obsessive growth, and a slow environmental suicide.
    Gloria Steinem (b. 1934)

    Conquest is the missionary of valour, and the hard impact of military virtues beats meanness out of the world.
    Walter Bagehot (1826–1877)