Doncaster based commercial insurance broker One Call Insurance has unveiled a new car insurance product, enabling customers to pay for their policy on a ‘pay as you go’ basis, which is calculated based on their monthly mileage.
The new ‘Pay as you Drive’ (PAYD) scheme has been launched to customers via Quotezone following a successful internal trial and will be rolled out to all major comparison sites in the coming months.
PAYD only requires customers to pay for the miles they drive and a one-off fixed-price parked up charge, which, given the current cost of living crisis, could be a more financially viable approach to insurance for those looking to cut costs.
First established in 1995, One Call Insurance now proudly offer car, home, van, motorbike and motorhome insurance to more than 800,000 customers through its panel of trusted insurance providers.
PAYD customers will also benefit from the same features provided by a typical One Call Insurance motor policy – including free breakdown membership and free motor legal cover, as well as the great value and cover that the company prides themselves on.
We understand that consumers are under more financial strain than ever, so we wanted to deliver a product that gives our customers complete control over their costs without compromising on cover.Oliver Rose, Company director One Call Insurance
The less you drive, the less you pay – it’s as simple as that. At One Call we are committed to offering fair value for consumers, not only in the traditional markets but also by innovating products to suit the needs of consumers in these tough times.
The initiative is backed by Trakm8 – leading provider of technology solutions across the telematics industry – who will be providing the mileage tracker.
Doncaster based One Call Insurance celebrated its 25th birthday in 2020, having started out in 1995 as a high street broker in a South Yorkshire town.
One Call Group employs more than 750 staff and provides low-cost, comprehensive insurance for cars, motorbikes, vans, homes, buy-to-let properties and businesses as well accident management services for those involved in a non-fault road traffic accident.
We are excited to be working with the team at One Call. We have worked closely with them to ensure they can offer their customers a PAYD policy that mirrors the high standards offered across their portfolio of insurance products.Adam Gooch, Managing Director for Insurance at Trakm8
TrakM8’s driver behaviour analytics help insurers to accurately measure policyholder risk through innovative plug-and-play technology.
Trakm8’s telematics insurance solutions provide insurers worldwide with user-friendly risk profiling solutions, which are increasingly popular for young driver and usage-based insurance (UBI) policies.
With the headquarters and manufacturing facility in the West Midlands, the Group supplies a number of well-known high-profile customers across the insurance, automotive and fleet sector.
by Yana Keller