Abstract: A technique for providing automobile insurance includes a number of steps. Initially, a term and a periodic monetary payment for an automobile insurance policy are set, based upon a rating applied to an entity. The rating is based, at least in part, upon an initial driving record associated with the entity and the periodic payment is paid by the entity to an insurer to maintain the automobile insurance in force. The insurer monitors the driving record associated with the entity during the term of the automobile insurance policy and provides a monetary payment to the entity upon expiration of the term, when the driving record associated with the entity during the term is above a minimum performance level.