What is pay as you drive motor insurance

Your insurance requirements must have altered as a result of the devastating COVID-19 epidemic, among other things

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The past two years, one of your main responsibilities has been safeguarding the financial future of a loved one

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A "Pay as You Drive policy as a pilot project" has been created by the Insurance Regulatory and Development Authority of India

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India's Motor Vehicles Act of 1988 mandates the purchase of automobile insurance

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The law requires third-party liability insurance to be carried by every vehicle on the road as a minimum level of protection.

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An affordable form of auto insurance known as "Pay as You Drive" offers full protection. The cost of this plan is determined on the number of miles you log each year

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Customization based on usage - You can adapt the insurance plan to your needs and the anticipated mileage of your car.

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Lesser Price - When opposed to comprehensive car insurance, where the cost is determined only by the number of miles driven

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In order to purchase these policies, customers should ideally already have auto insurance coverage through the company offering these plans

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