Paying for pay as you drive car insurance by instalments

Here at insurethebox we are often asked if pay as you drive car insurance (PAYD) is just another name for traditional car insurance paid for in instalments and the simple answer is – No.

Insurethebox pay as you drive insurance policies can be paid for in instalments but PAYD insurance is a totally different type of motor cover supported by clever telematics technology.

Get telematics in your car with insurethebox
Known as the Clear Box, our little telematics device is fitted into all policyholders' cars to provide us with clear information about our customers and to provide them with truly transparent car cover which reflects their personal driving habits.

When the insurethebox car insurance quote generator offers a quote for a policy the price is for 6,000 Base Miles of driving and at this time we will calculate a pence-per-mile (ppm) rate.

When the policyholder is close to using up those Base Miles, he or she will be able to buy Top-Up Miles costed at the pence-per-mile rate established at the outset of the policy.

This ppm rate will only change if the policyholder's details change – such as a change of address or vehicle.

As the driver travels in their car, the telematics device monitors the miles driven and various other elements of the vehicle's use – speed, types of road used, excessive acceleration or braking, etc – and these details are sent back to the insurethebox technical centre where the information is analysed and configured before it is uploaded to the policyholder's personal customer portal on the insurethebox website.

Get an insurethebox quote today for PAYD car insurance which reflects your driving
If you are a low-mileage driver, the chances are you may never need to top up your cover, but if you need to drive more than your Base Miles, you can use your customer portal to buy Top-Up miles and this is where the term Pay As You Drive or even pay as you go insurance comes from.

Buying pay as you drive car insurance from insurethebox also means that when it comes to renewal time we have a clear picture of your personal driving habits, so we are able to offer a tailor-made renewal quote to reflect you and not just your age or gender.

If you have driven positively, the cost of your new pay as you drive car insurance policy may well be a pleasant surprise as we will already know all about your driving.

See whether insurethebox can give you a great deal on pay as you drive car insurance today by clicking on the Get a Quote button. PAYD cover could soon be yours and if you need to pay by instalments then we can arrange that too.