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Monday, June 1, 2009

Save Money With Pay As You Drive Insurance

By Graham McKenzie

Pay as you drive insurance can really help you, especially if you don?t put on many miles. For many your car is your lifeline, but for others a car is something that is only used for long trips out of town. If you use the bus you will really understand the importance of pay as you drive insurance, since you are paying for a car you hardly use.

This type of insurance is really more of a deduction. It is an option given to motorists, but it is only available in some states. Because your final price is only received after you relate your hours or miles driven, the actual price cannot be stated in the agreement, which makes it illegal in some areas. This complication is trying to be sorted out so everyone can have the benefits of pay as you drive insurance.

This insurance is calculated in diverse methods. You can get an examiner come and inspect the mileage of you car and decide your charges accordingly. You can also send your mileage to your insurance company through your GPS system. You can also have your GPS relate the style of driving and model if you feel that it will facilitate in further lowering your premiums. You can also record your mileage by a method of ?pay-at-pump technologies?.

Pay as you drive insurance can really be cheaper, for drivers who do not hit the road too often. Almost two of every three people can use this insurance plan and save money. Another advantage of the plan is that you can opt to have a short period of coverage. This can be ideal for the college student who come home and drive only during summer vacation. Instead of paying insurance all the year around, they can get covered by the pay as you drive plan. A lot of people find their cut by nearly 50%, which matters greatly for many drivers.

The countryside drivers are apprehensive of pay as you drive insurance as they think they will have to pay dearly if they drive more. But there is nothing to worry; as the insurance companies regulate their scheme accordingly, noticing that most accidents take place in the urban areas. Your rates will be calculated on the basis of the standard details of your neighborhood, and deductions will be made based on your mileage.

Pay as you drive insurance is not only cheaper, but it helps out the environment as well. Since less people drive their cars, there would be fewer accidents and less carbon dioxide emissions. It?s a great way to start helping out the environment, and you don?t even have to change much of your lifestyle.

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.

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