This study compares the safety and accessibility effects of different Pay-As-You-Drive (PAYD) strategies, which are simulated using a transportation model. PAYD is a new insurance policy for car owners where insurance premium is paid per actual kilometer driven. As the number of insurance claims increases with annual kilometers driven, the average premium for a driver with a high kilometrage will increase to reflect the average yearly claim pattern. With more advanced technologies, the PAYD insurance premium can be further differentiated to reward safe driving behavior with a lower premium. This study is part of the TRANSUMO research project 'Verzekeren per kilometer' (PAYD), which applies the concept of PAYD in a real life pilot study. The objective is to measure and explain the behavioral effects of PAYD on individual drivers. In order to assess the possible network (safety) effect of large scale implementation of PAYD, this study uses a modeling approach that takes into account part of these expected behavioral responses in individuals. (Author/publisher)
Abstract