Car Insurance Learner Driver: News Section
Car Insurance News
Insurance firm launches Pay As You Drive
A car insurance firm is launching a new initiative called Pay As You Drive,
aimed at encouraging motorists to drive more safely on the roads.
Norwich Union's new policy will be launched by the end of the year, the
insurer said, following a successful pilot test involving 5,000 drivers.
Under the PAYD scheme, motorists would be charged a fixed monthly fee and
on top a premium for the number of miles driven – much the same as mobile
phone style charges.
The plans pre-empt a government suggestion to introduce a PAYD road pricing
scheme nationally, something they say could help cut congestion and reduce
the environmental impact of driving.
The new method of taxing vehicles is recommended by road safety experts
as a means of cutting the number of road accidents among young drivers,
who traditionally are at the greatest risk of being involved in a crash.
According to the Times, Norwich Union Insurance chief executive Simon Machell
believes that more than half of drivers would be interested in the new policy,
after the pilot was inundated with drivers wanting to take part.
Car Insurance: News
- Home insurance: London and West Yorkshire dominate burglary claims list
Analysis of claims data from MoneySupermarket shows 17 areas in which no previous burglaries were declared by applicants for home insurance Households in London's Stoke Newington and Apperley Bridge in Bradford are the most likely in Britain to make an insurance claim for burglary, according to analysis of information given by consumers on home policy applications. Analysing 3m quotes made ... - Innovation Insurer Revalidated for IBM's Insurance Industry Framework
FARMINGTON, CT-- - The Innovation Group plc , a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries, is pleased to announce ... - Life Bancassurance in Europe: Investment-Related Life Insurance and Retirement Savings
NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Life Bancassurance in Europe: Investment-Related Life Insurance and Retirement ...
Can't find what you're looking for? Try here: