Norwich Union 'Pay as you Drive' goes online.
Norwich Union who introduced their 'Pay as you Drive' scheme around
the middle of last year have made it available online. There will
actually be two schemes, one for drivers in the 18-23 age category
and one for those in the age category 24-65.
The scheme involves placing a black box in the car that tracks the
cars movements and the insurance bill is calculated on a per mile
basis depending on time of day (night driving can be more expensive)
and location.
Customers will have to pay to have the 'black box' installed in their
vehicle. Concerns have be raised by some people about having a device
in their car that can track their every movement although other only
concern is that their policy cost comes down.