Pay As You Go Car Insurance

1 enjoy the peace of mind of full comprehensive cover but only pay for the kilometres you plan to drive.

Pay as you go car insurance. Similar to leasing a car once you surpass the agreed upon maximum mileage you may be subject to a penalty or worse a per mile fee for every mile over the limit. Millions of people buy their mobile phone service on a pay as you go contract and now we are being offered car insurance in the same way paying just for the miles we drive. Pay as you go insurance policies often use telematics to record your mileage and charge you a premium based on this data the lower the mileage the lower the premium. Because things like speeding and hard braking are associated with higher accident rates drivers who do things like maintain lower speeds and brake softly actions tracked by a dashboard device are charged less.

Pay per hour car insurance. Pay per mile car insurance while ordinary car insurance policies do ask for an estimated mileage and the lower your estimate the cheaper the policy pay per mile gives your insurer a more accurate picture of your driving. How pay as you go car insurance works. You can also take out pay as you go car insurance based on time rather than mileage for example with cuvvas subscription option.

Enjoy individual car insurance premiums customized for your driving with pay as you go car insurance. Pay as you go car insurance comes in different forms depending on how closely you want your driving to be monitored you have the following options. Usage based insurance programs sometimes also. If you dont mind transmitting your driving data to your insurer from a black box device app or built in telematics you could save a bundle on your car insurance.

After that you have to get another quote. Another situation when pay as you go car insurance may backfire on you is if you go over the maximum mileage allotted for the program. Pay as you go payg car insurance ask you to pay a fixed annual or monthly rate plus a charge per mile or hour you drive. This type of cover is ideal when borrowing a car or test driving and taking a new vehicle home.

But unlike pay as you go car insurance it covers you for a fixed period from 1 to 28 days. Pay as you drive car insurance offers all the benefits of comprehensive car insurance at a reduced rate for those who dont drive a lot. Pay as you go insurance is usually a rolling contract so you can cancel the policy at any time. With pay as you go car insurance you only pay to be insured for the actual time you spend driving rather than being covered for the whole year regardless of how many miles you drive or hours you spend behind the wheel.

If you dont drive your car at all the fixed rate is all you pay but you may want to register the car as off the road sorn instead.