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New pay as you go car insurance policy introduced

New pay as you go car insurance policy introduced

A new pay as you go car insurance policy has been introduced by a UK based car insurance comparison website. has joined forces with Insurethebox to offer its customers insurance policies based on telematics technology. The Clear Box is installed in the vehicles of those who opt for the new system which monitors the behaviour and driving practice of the policyholder. Safe driving will also be rewarded through the Clear Box scheme as those who are found to be especially careful behind the wheel will be awarded up to 100 free insurance miles. The policy may also be particularly helpful for young and new drivers who are often hit with the highest insurance premiums. The Clear Box will enable the driver to demonstrate their careful driving manner and dedication to safe driving practice, which could help to lower the cost of insurance for those young drivers who face the costliest rates for cover. The cost of insurance premiums will then be calculated based on average driving speeds, miles covered, and types of roads taken allowing the insurer to build up a more accurate picture of the type of cover needed, as opposed to basing premium rates on a range of assumptions made from basic details such as age, occupation and address. For more information on the new pay as you drive policy, please visit

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