Is Pay-As-You-Drive Right For You?
If you haven’t heard of Pay-As-You-Drive insurance by now, you’d be forgiven for missing the boat. Despite being what sounds like an innovative and more accurate way of insuring people
Pay-As-You-Drive
An Auto Insurance Alternative for Low Mileage Drivers – “Pay as You Drive”
Auto insurance policies that rate your risk primarily by the number of miles you drive in a year are the wave of the future. There are even options available now that allow some consumers to buy insurance by the mile.
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Is Pay-As-You-Drive the Future of Car Insurance?
Aviva famously launched its ‘pay-as-you-drive’ product in 2005, but later pulled out of the game after lacklustre sales. PAYD, or ‘Black Box’ insurance, as it uses a device similar
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MileMeter Pay-by-the-Mile Auto Insurance Expanding
Since 2008, MileMeter has been offer pay-by-the-mile auto insurance in Texas, but now, thanks to an infusion of funding and legal changes in California, the company is beginning what it hopes will be a broad-based expansion.
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