Insurances.net
insurances.net » Auto Insurance » What Is Pay-as-you-drive Car Insurance?
Auto Insurance Life Insurance Health Insurance Family Insurance Travel Insurance Mortgage Insurance Accident Insurance Buying Insurance Housing Insurance Personal Insurance Medical Insurance Property Insurance Pregnant Insurance Internet Insurance Mobile Insurance Pet Insurance Employee Insurance Dental Insurance Liability Insurance Baby Insurance Children Insurance Boat Insurance Cancer Insurance Insurance Quotes Others
]

What Is Pay-as-you-drive Car Insurance?

What Is Pay-as-you-drive Car Insurance?

Every driver is unique and has their personal reasons for why

, when, and how much they drive their car. Because it is the law that you have to have insurance before you drive a car, it is important that you find the best policy that meets your particular insurance needs. If you are a driver that only takes your car on short excursions, you have probably realized that you seem to be paying more for your car insurance than the amount of time you actually spend on the road.

It can seem unfair that you have to spend as much money on insurance as someone who drives many more miles than you do. Many insurance companies have realized this mileage disparity and have come up with an innovative way for drivers who have low mileage to pay less for their insurance. The Pay-As-You-Drive Car Insurance program is now emerging as a popular choice for drivers who do not drive often.

Pay-As-You-Drive Car Insurance is insurance that requires drivers only to pay for the amount of miles they drive. There are insurance companies that offer drivers a per-mile rate. Companies can track a motorists mileage by installing a small wireless device that tracks the number of miles a car is driven. The information is transmitted to the insurance company. The customer is then billed for the miles driven. People who do not regularly drive their car will see substantial savings when they enroll in this program. The less one drives, the less they will have to pay for their auto insurance.

Not only are insurance providers able to track a driver's mileage, they can even assess the level of risk of a particular driver. For instance, the tracking unit measures the car's speed each second, which allows them to assess braking and acceleration habits. A driver deemed to have good driving habits will be categorized as a lower risk of accidents and traffic violations which will result in a lower premium. What Is Pay-as-you-drive Car Insurance?


Other benefits of this program include: drivers have more control over the cost of their insurance, less greenhouse gases will be created as more people will try to cut down on their mileage, there will be less car accidents as people will be driving less, and state governments will spend less on roads as there will be less cars causing damage to the roads. As well, insurers will have fewer claims to pay out which lessens instances of insurance rate hikes.

Pay-As-You-Drive Car Insurance is a relatively new and innovative method of establishing fair insurance practices while helping the environment. It is predicted that in the near future, more people will be taking advantage of this program and more insurance companies will be offering Pay-As-You-Drive Car Insurance. When you search for a car insurance provider, make sure you check to see if they offer a Pay-As-You-Drive Car Insurance program. In these difficult economic times, it just makes sense to take advantage of an innovative way of lowering your car insurance premiums.

by: Adriana Noton
How Your Credit Card Works With Your Car Insurance How To Apply For Fast Auto Loans Car Loan Tips - Bad Credit Auto Financing What is Auto Forum Poster? The Denver Injury Lawyer at your help Child With Erb's Palsy Injury Notwithstanding Physician Knowing She Was Large Prior To Birth UK Guide To Driving Without Insurance Failure To Recognize Signs Of Placental Abruption Results In Baby's Brain Injury Tips On How To Avail The Best Car Insurance For You Rate Raising Auto Insurance Oversights Auto Insurance Discounters - Ways to get it Auto Insurance For High Risk Drivers Significance of Michigan Car insurance
Write post print
www.insurances.net guest:  register | login | search IP(3.239.162.98) / Processed in 0.012513 second(s), 6 queries , Gzip enabled debug code: 12 , 3030, 952,
What Is Pay-as-you-drive Car Insurance?