Abstract
ObjectivesThe 2013 World Health Organisation Status Report on Road Safety estimated that approximately 1.24 million deaths occur annually due to road traffic crashes with most of the burden falling on...
Highlights
The objective of this research is to investigate Greek drivers willingness to pay for innovative vehicle insurance schemes such as Pay-as-you-drive (PAYD) and Pay-how-you-drive (PHYD) schemes
PAYD scheme is based on assessing driver’s level of exposure to traffic risk while PHYD is based on driver behaviour indicators such as speeding, acceleration etc
While many of the studies had significant limitations, one recurring theme was that young bicyclists received more severe injuries when exposed to motor vehicle (MV) collisions
Summary
The objective of this research is to investigate Greek drivers willingness to pay for innovative vehicle insurance schemes such as Pay-as-you-drive (PAYD) and Pay-how-you-drive (PHYD) schemes. PAYD scheme is based on assessing driver’s level of exposure to traffic risk while PHYD is based on driver behaviour indicators such as speeding, acceleration etc. The implementation of this policy has shown a significant impact on driver’s behaviour and as a result, this measurement is a matter of great importance for traffic safety. Respondents are given several scenarios to choose between the standard and the new insurance policy in order to measure the sensitivity of their choice based on some factors such as the variation of mileage, the average speed and the annual insurance cost. The objective of this review was to examine the individual and environmental factors associated with bicycling-related injury risk in children and youth
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