January 12, 2005
Pay-as-you-drive plan to lower young motorists' premiums
Norwich Union will offer today to alleviate the financial pain of the insurance industry's worst risk category - drivers aged 18-21.
The country's largest insurance company is launching "pay-as-you-drive" policies with charges based on mileage driven and avoiding the most dangerous time period for young drivers, between llpm and 6am.
Posted by Tom Troceen