Car Insurance

The Pros and Cons of Pay-As-You-Go Car Insurance in the UK Pay-as-you-go car insurance is gaining traction in the UK, especially for low-mileage drivers. But is it the right choice for you? Compare 100 weighs the pros and cons of this flexible option, helping you decide if it fits your driving habits and budget. The Pros of Pay-As-You-Go Pay-as-you-go (PAYG) insurance charges based on miles driven—perfect for occasional drivers. A 2024 ABI report showed 15% of UK drivers used PAYG, saving 20-30% versus annual policies—£100-£150 yearly for under 5,000 miles. It’s often telematics-based, tracking your driving via an app or device, rewarding safe habits with lower rates. You can top up miles as needed, avoiding overpayment—great for city dwellers who walk or cycle most days. Some PAYG plans include base cover (e.g., theft while parked) for free, with per-mile fees starting at 5p/mile. A 2024 Which? survey found 80% of PAYG users were satisfied, citing flexibility and cost control a...

How to Insure a Car for a Car Share Scheme in the UK Car sharing schemes—like Zipcar or informal friend groups—are growing in the UK, with 500,000 users in 2024 (SMMT). If you’re lending your car to a scheme, your insurance needs to reflect that. Compare 100 explains how to cover your car for car sharing, ensuring everyone’s protected. Car Share Insurance Needs Standard UK car insurance covers you, not random drivers—car sharing changes that. If someone else drives your car via a scheme, your policy might exclude them, leaving you liable for accidents. A 2024 ABI report found 20% of car share users were underinsured, facing £1,000+ in uncovered claims. Commercial car share schemes (e.g., Zipcar) often provide their own insurance, but informal setups—like sharing with mates—need your policy to include ‘any driver’ or named driver cover. This can add £100-£200 to your premium, depending on the drivers’ ages and records. You’ll also need business use cover if you’re earning money—s...