Car Insurance – Pay-as-you Drive Rates

Car insurance is something most drivers never want to talk about. It’s not exciting, it’s not sexy but it certainlyis expensive and necessary. One UK insurer has found a way to charge drivers a premium based on a number of factors measured by a little black box fitted to your car.

Norwich Union has been testing the GPS based system since 2003 and now they’re ready to offer it to all their customers. The computing power and data storage needed to run the system is amazing and even if you’re not a computer nut you’ll still find this story fascinating.

It’s also something that you can expect to see here in Australia before too long because the most important piece of software needed to run this system will be available as freeware to all insurers.

Car Insurance – Pay-as-you Drive Rates
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