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#88765 - 4th Apr 2005 2:42pm New Pay As You Go Car Insurance!
Anonymous
Unregistered




What do you think of this? Pay as you drive car insurance policies! Up to 5000 Norwich Union car policy holders are having their cars fitted with a "black box" recorder which tracks every mile you have travelled. The two-year pilot scheme could help cut premiums for occasional car users, but mean more expensive car insurance for high-mileage drivers.The box records real-time vehicle usage and sends the data to Norwich Union securely using mobile technology. A monthly insurance bill will then be sent to the policyholder based on an agreed insurance cost per mile.The cost per mile will be based on a number of factors - such as insurance History, the age and sex of the policyholder as well as how the vehicle is being used. Norwich Union, the UK's largest car insurer, has exclusive rights to market the technology in UK and Europe.

As stated by Robert Ledger, programme director for Norwich Union, "Customers choosing "Pay As You Drive" insurance will benefit from individual premiums based on how often, when and where they actually used their cars. Motorists would receive a fairer deal as this initiative provides them with the opportunity to really be in the driving seat when it comes to controlling their premiums."

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#88766 - 4th Apr 2005 2:45pm Re: New Pay As You Go Car Insurance!
Anonymous
Unregistered


I would do it if it made it cheaper for me! lol

Good idea for old people, as they dont drive far do they really

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#88767 - 4th Apr 2005 4:52pm Re: New Pay As You Go Car Insurance!
Tony MK2 Offline
Forum Master

Registered: 2nd Dec 2003
Posts: 2943
Loc: Wirral
there has already been a topic started Here you can follow the story on from there

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#88768 - 4th Apr 2005 7:29pm Re: New Pay As You Go Car Insurance!
Anonymous
Unregistered


good man tony mate !

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#88769 - 4th Apr 2005 7:53pm Re: New Pay As You Go Car Insurance!
learner Offline
Forum Addict

Registered: 4th Oct 2004
Posts: 1464
Loc: pensby
i think it may be a good idea, but not for rhys as he has to drive to wales everyday to get to work and then bk again, and then plus any driving he does outside work. it may be good for sum ppl but no everyone.

in some ways i dont want this to hapen for rhys sake
_________________________

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