*** SEIZED CAR AUCTIONS ***

Find Out More About Car Sales Statistics - Hondas, Mercedes & More
Find Your Dream Cars Up To 95% Off Retail Prices!
Drive Off A New Or Used Car For As Low As $200...
Search To Get Your Luxury Car Now!


Monday, December 21, 2009

Save Money With Pay As You Drive Insurance

By Graham McKenzie

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 money saving scheme. This insurance option is available to drivers in a few states only. This is because your actual price is determined only after you inform your monthly mileage; the final cost can?t be given in the contract, which is considered prohibited in some states. This difficulty is being resolved out so all can enjoy the advantage of this insurance plan.

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 can be a lot cheaper, but only for drivers that don?t put on tons of miles. In fact, 2 of every 3 people can save money by using this type of insurance. The other benefit is that you can choose to have a shorter coverage period. Your college student can be covered when they come home for summer vacation instead of having to pay insurance year round. Many people see their bills discounted by about 50%, which is a big deal for a lot of 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.

Besides being cheaper, this insurance plan also helps in preserving the environment. As few drivers get on the road, there are fewer chances of road accidents and reduced carbon dioxide release. This way you can help in preserving the environment, without having to bring much alteration in 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. - 21392

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home