pay as you go insurance

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Tue 10 Apr 2007 14:15
pay as you go insurance - milkyjoe
can you pay insurance like you pay your phone (pay as you go) for instance why shell out for 12 months insurance and then 6 weeks later you have to scrap an mot failure, would they reimburse you the unused period of insurance?
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Tue 10 Apr 2007 14:22
pay as you go insurance - hillman1 {p}
As far as I am aware you pay for the 12 months and if you cancel the policy they would reimburse you, altough not for the full remainder of time.

I saw somewhere recently that there is a sliding scale of percentages of what you would receive compared to how much time you have left to run. Can't remember where I saw it though.

Not sure if that make sense?...

Kind Regards
Nick
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Tue 10 Apr 2007 17:03
pay as you go insurance - Mike H
See this offering from Norwich Union:

www.payasyoudriveinsurance.co.uk/

Haven't tried it but will certainly look at it for my station car when it comes up for renewal.
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Tue 10 Apr 2007 20:19
pay as you go insurance - PeterRed
You won't get a full refund on a pro-rata basis. They'll retain a hefty amount for "admin costs".
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Tue 10 Apr 2007 20:26
pay as you go insurance - track
It could be a good scheme for cars that arent used very often but I dont think it will suit me. I want something similar for my track car / weekend toy. Problem is it will charge me for driving it when its actually on a trailer being towed a couple hundred miles.
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