Of the 1,000 consumers surveyed, 37 percent said they would never consider pay-as-you-drive auto insurance and an additional 35 percent said they would require premium discounts of 25 percent or more to make the switch, according to “Pay-As-You-Drive Insurance: How Americans Could Save More,” a survey by InsuranceQuotes.com and Princeton Survey Research Associates International.

Two-thirds of the respondents who were enrolled in pay-as-you-drive car insurance programs said they are saving money, however, only 1 percent of all drivers surveyed had such plans. The rest appear to be in the dark.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access