Is Pay As You Drive Insurance Really Cheaper?
3:18 AM
One of the cheap insurance to opt for is the Pay as you drive plan, particularly if you don?t drive that much. Some people just cannot live without a car, but there are others who use it rarely, only when they go for a long trip outside town. If you are more into traveling by bus then you will realize the significance of the pay as you drive insurance, as paying premiums for a car that you scarcely use can be painful.
Pay as you drive insurance is more like a deduction. It is a kind of choice given to drivers, but is obtainable in a few states. The real price can?t be mentioned in the agreement, because of factors like your final cost is received only after you give an account of your hours driven or distance traveled. This makes the insurance plan unlawful in some states. However insurance companies are trying to sort out this problem so that everyone can benefit from this insurance plan.
This insurance can be is ascertained in numerous means. An assessor can come to observe your mileage and fix the rates accordingly, or you can also directly send your mileage to your insurance company, using GPS. The GPS also helps in determining the driving patterns and style if you feel this can help in further lowering your premium rates. You can also get your mileage recorded by using the technology called pay-at-the pump.
For drivers who don?t go a great deal of miles on road, pay as you drive can help in saving a lot of money. Every 2 people out of 3 can save on premiums through this insurance plan. Another advantage of this plan is that you can opt for a much shorter cover. This is an ideal cover for the college students who come home during summer holidays, so you needn?t pay premiums throughout the year. Many times, the bills get slashed by 50%, which is a great saving for most drivers.
Drivers of rural area don?t trust pay as you drive plan because they feel that if they drive more then they will be asked for more money. Relax, because keeping in mind that accidents generally occur in cities, the insurance companies make adjustments for the rural drivers. Your insurance premiums will be decided depending on your average area information, and you will be offered discounts depending on your mileage.
Besides, being a cost saving scheme, the pay as you drive insurance also helps in protecting the environment. As few people will drive cars, there will be comparatively less accidents and the carbon dioxide discharge will also be reduced. You can this way begin serving the environment, without having to change your way of living.
You may still be unsure of the pay as you drive plan, so keep a record of your one month?s mileage and then shop for quotes. You can talk to an agent in order to get a quote. You will be besides joy to see how much you can actually save. But if you see that your mileage is too much for this plan to help you save, then it is recommended that you continue with whatever insurance you had.
Pay as you drive insurance is more like a deduction. It is a kind of choice given to drivers, but is obtainable in a few states. The real price can?t be mentioned in the agreement, because of factors like your final cost is received only after you give an account of your hours driven or distance traveled. This makes the insurance plan unlawful in some states. However insurance companies are trying to sort out this problem so that everyone can benefit from this insurance plan.
This insurance can be is ascertained in numerous means. An assessor can come to observe your mileage and fix the rates accordingly, or you can also directly send your mileage to your insurance company, using GPS. The GPS also helps in determining the driving patterns and style if you feel this can help in further lowering your premium rates. You can also get your mileage recorded by using the technology called pay-at-the pump.
For drivers who don?t go a great deal of miles on road, pay as you drive can help in saving a lot of money. Every 2 people out of 3 can save on premiums through this insurance plan. Another advantage of this plan is that you can opt for a much shorter cover. This is an ideal cover for the college students who come home during summer holidays, so you needn?t pay premiums throughout the year. Many times, the bills get slashed by 50%, which is a great saving for most drivers.
Drivers of rural area don?t trust pay as you drive plan because they feel that if they drive more then they will be asked for more money. Relax, because keeping in mind that accidents generally occur in cities, the insurance companies make adjustments for the rural drivers. Your insurance premiums will be decided depending on your average area information, and you will be offered discounts depending on your mileage.
Besides, being a cost saving scheme, the pay as you drive insurance also helps in protecting the environment. As few people will drive cars, there will be comparatively less accidents and the carbon dioxide discharge will also be reduced. You can this way begin serving the environment, without having to change your way of living.
You may still be unsure of the pay as you drive plan, so keep a record of your one month?s mileage and then shop for quotes. You can talk to an agent in order to get a quote. You will be besides joy to see how much you can actually save. But if you see that your mileage is too much for this plan to help you save, then it is recommended that you continue with whatever insurance you had.
About the Author:
Graham McKenzie is the content syndication coordinator for Carinsurancesa.co.za. South Arica?s leading car insurance portal.
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