Earlier this year, the Progressive insurance company began offering Florida residents a pay-as-you-drive insurance program. Dubbed Snapshot, the program gives consumers lower rates of approximately 30% on average, based on their driving behavior. The insurer analyses driving habits with the help of a small device that is installed in vehicles. According to the insurer, the device has tracked over two billion miles, and is now ready to be used throughout the nation. Drivers that signed up are reporting a savings on average of $150 annually. Progressive notes that the possible…
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Red light cameras are not coughing up the big bucks as planned
Unusual reports are coming out of South Florida regarding the use of automatic red light cameras. Instead of making the cities money, officials are reporting a financial loss, citing a number of residents fighting the red light tickets and winning. When first installed in the areas of Pembroke Pines to Fort Lauderdale, the communities expected millions of revenue for fines but just the opposite happened. Police officials are reporting more man hours spent in reviewing and preparing tapes for evidence, this due to more and more people are showing up…
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