Pay-As You Go Insurance Stand On Minds Of Financial Drivers

As financial problems sit in the forefront of people’s mind, many would be looking to cut back on dollars with inflated auto insurance premiums among them. A national survey explored respondents for driving habits where they found that 30 percent drivers surveyed to plan for driving less. This finding states that within the past 13 months, Americans have travelled 112 billion fewer miles.

Every year such a survey is conducted is conducted examining around 5000 Americans asking them whether they would pass written DMV exam. As a result this year’s survey revealed that drivers might need to brush up on safe driving skills with around 41 million Americans struggling to understand the rules of road.

According to survey 93 percent of respondents have never heard of Pay-As-You-Go insurance model which is for auto insurers. But when got to know about such a program which is offering Low Mileage Discount option one out of three had the wish to enroll into such a program. This plan rewards drivers by distributing insurance discounts based on particular drivers annual mileages with those driving least receiving the largest discount. This plan is designed with a aim to help drivers who drive less with a savings plan and reduce their expenses.