“Pay as you drive” Car Insurance

The latest innovation in paying your car insurance has gone its way. Norwich Union just launched the “Pay As You Drive” car insurance and it has taken a whole new way how car insurance is priced. Normally, the manner to which the car insurance is priced is very broad. Much to the disappointment of many drivers, most of the time, responsible drivers are indirectly paying for the reckless ones. In the “Pay As You Drive” pricing scheme, although you are insured the whole time, yet you will pay less during safer times of the day. A device will be installed to record your journey information and driving pattern that will reflect in your premium.