Usage-based insurance ( UBI ), also known as pay as you drive ( PAYD ), pay how you drive ( PHYD ) and mile-based auto insurance , is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place. This differs fro...
Pay As You Drive or PAYD, is a usage based car insurance scheme launched by the IRDAI. This plan is well suited to those who drive occasionally. It is gaining more popularity among hybrid workers....
Usage-based car insurance may help you save on your premium.
When it comes to saving money on car insurance, usage based could be the option for you. Understand what it is before comparing a range of different quotes with us today!
If you're a good driver, you may be able to snag some savings by joining a usage-based auto insurance program. As long as you don't mind your insurance company tracking your driving habits. Here's...
With usage-based insurance, insurance companies consider your driving habits when calculating your auto insurance rate. Learn more.
The global usage-based insurance market was valued at $26.8 bn in 2022, and is projected to hit $267.4 bn by 2032, growing at a CAGR of 26.2% at 2032.
Start saving with usage-based car insurance from Nationwide.
Pay-per-mile car insurance allows you to pay based on how much you drive. It is an excellent option for people who don't drive much per month.
Usage Based Car Insurance Market size expected to register a steady revenue CAGR over the forecast period. Key factors providing impetus to market revenue growth are increasing adoption of usage ba...