What is this about?

This blog is focused on providing information on Pay As You Drive car insurance in Australia. If you find any information, papers, news articles or websites that we should add, please let us know!

Wednesday, March 25, 2009

Hollard South Africa's Pay As You Drive

The following is an infomercial from Hollard in South Africa. A 2 minute infomercial that explains some details around how the product works.




Wednesday, March 18, 2009

Brand new "Pay How and Where You Drive" product from MiWay

A brand new Pay How and Where You Drive (PHWYD) product has been launched in South Africa. It is called MiDriveStyle and is by a company called MiWay. They’ve got a highly entertaining advertising campaign.



There are a number of things that are interesting about the product:
  1. It is device based, with a GPS.
  2. The device has a peculiar name. It is called a Zhaker(!?).
  3. The device does emergency management. So when you are in an accident it “calls home” and gets help.
  4. The device also lets you know if you run low on battery.
  5. The most peculiar thing about the device is that it emits a noxious gas when tampered with or when it loses power! So it tells you you’re running low on your battery, and if the battery runs out… Bad smell. I am not so sure about that feature.
  6. You can use the Zhaker to “red-line” areas. So you can tell the device that you don’t want your daughter to go anywhere near the house of that annoying boyfriend…. Interesting.
  7. The information can be used to fill-out your tax returns. That will be neat in Australia.
  8. You can check on the website where your car is. That clearly comes with all the privacy concerns that haunt location based devices.
The website is still quite uninformative otherwise. It is not clear as to how the pricing works. The device I hear is very expensive, and has an ongoing monthly cost, which will eat into potential savings.

MiWay is an innovative company. It will be good to see how this product develops.

It is well worth a look: MiWay.

Tuesday, March 10, 2009

Progressive news item on MotorWeek

This clip was on MotorWeek, and discusses Progressive's MyRate product. It is a good clip to watch. It goes into quite a bit of detail on the product itself, and the consumer dynamic with the actual customer is informative. I also thought the web interface with the feedback on driving behaviour is very interesting.