Shouldn’t some auto insurance be pay-per-mile or for when the vehicle is used rather than monthly? If there are people that would buy an electric car or jeep if they could afford it some people might not want to pay for insurance every month on a vehicle used just a few times a month or year? Some people would not be willing to shell out $100 a month for auto insurance when they just might only use the vehicle a day or two for transport of supplies, and ride a bike to work, or boat, the rest of the time.
Retired people might be a prime group to benefit from pay per mile auto insurance that might be more like a credit card’s structure- even some with no annual fees. I wonder if pay per mile auto insurance presently exists?