If you watch cable television, at any time you'll see a slew of cut-rate insurance commercials e.g. Gieco, General, Nationwide, Progressive, etc. Individuals can no longer afford full coverage so these companies offer coverage at the state minimum which brings up an interesting concept for a new type of coverage.
A driver could possibly drive without auto insurance indefinitely as long as they a. don't get pulled over and b. don't get into an accident. It is under these situations when it becomes illegal to be an uninsured driver (it's not illegal until you get caught). My thoughts are that with all this technology why should anyone need to pay per month for auto insurance?
What I'm suggesting is auto insurance coverage only when you need it. Sign up at any time for service on a mobile app, then when/if you get pulled over just confirm the cost of on-demand coverage and get proof of insurance before the police officer is even out of his/her car.
Obviously, the cost of on-demand coverage would be substantial but less than that of the penalty for not being insured.
If an individual drives for 1 year uninsured without ever getting pulled over or in an accident they save around $1,600 (2010 average).
