What is Pay As You Drive car insurance

"Pay As You Drive"™ insurance, which is a new and fairer way to insure your car, is designed for people who don't use their car as much as others. You simply pay variable costs based on when and where and how far you drive plus a fixed monthly fee.


Car Insurance is now fairer by miles ;

* If you drive less than 6000 miles, "Pay As You Drive"™
could save you up to 30% on your car insurance*.

* A Global Positioning System (GPS) is fitted to your car for free.
The GPS allows us to work out how you use you car,
so you can enjoy a fairer premium.

* We even include as standard an assistance button that provides
you with around the clock access to help in the event of an
accident or breakdown.

* That's not all - you'll also receive a 30 day free trial of satellite
navigation. It's really easy to use, and a great way to make sure
you never get lost.

 

Here are some more facts about this new type of car insurance ;

• With prices from as little as 1p per mile, depending on when and where they drive “Pay As You Drive”™ insurance customers could cut their motoring costs, especially if they drive less than 8000 miles a year.
   

• “Pay As You Drive”™ insurance allows premiums to be calculated based on when, where and how far customers drive their vehicle. The policies provide motorists with greater control, choice and flexibility over their premiums by offering a mobile phone ‘pay as you go’ style choice for insuring your car.
   

• “Pay As You Drive”™ insurance allows premiums to be calculated based on when, where and how far customers drive their vehicle. Using a GPS device fitted by RAC Auto Windscreens, information is stored from each car journey and transmitted automatically to Norwich Union via a secure GSM network. The data is then translated into a monthly bill, which provides details of each element used to calculate the premium.
   

• “Pay As You Drive”™ insurance uses a unique peak/off-peak structure with rates personalised to each customer. Using a GPS device fitted by RAC Auto Windscreens, information is stored from each car journey and transmitted automatically to Norwich Union via a secure GSM network.
  
  The data is then translated into a monthly bill, which provides details of each element used to calculate the premium. This includes:
  
  • A fixed monthly fee to cover risks such as fire and theft (the Base premium)
  • A variable amount based on the car’s recorded journeys (the Usage premium)
   

• The insurance on your car parked outside is left running all of the time, 24/7, 365 days a year – whether you’re using it or not. So just imagine if there was a new kind of car insurance that could make it cheaper for you if you were to drive less than 6,000 miles a year. You might be someone who commutes to work on the train or the bus, or you might only drop the kids off at school and travel to the shops, if so you probably drive less than 100 miles each week, which means you could save with “Pay As You Drive”™ insurance.
   

• "Pay As You Drive"™ insurance is fully comprehensive and as individual as you are. That’s because it offers you just what it sounds like it offers – a mobile phone ‘pay as you go’ style choice for insuring your car, where you pay a fixed monthly fee plus variable costs based on the actual miles you drive.
   

• "Pay As You Drive"™ insurance uses the latest Global Positioning System (GPS) technology to record your car’s journeys. We can then calculate a detailed monthly bill based on a fixed monthly charge and the actual driving you’ve done. If you drive less than 6000 miles this unique, new way of charging for car insurance could save you money.

There is a discussion about pay-as-you-drive insurance on our forum at ;

http://www.carbasics.co.uk/car-diy-forum/Blah.pl?b-insurance/m-1186642917