Pay as you drive insurance may suit young drivers or older drivers with a low annual mileage, a GPS tracking system monitors you driving 24/7 and you only pay for mileage used, driving style and times also effect cost.

There are a number of insurers like the Co-operative , Aviva and a few more that offer pay as you go insurance, some supply and fit the tracker free of charge but may charge more per mile. The the pay as you drive tracking device also works as a stolen vehicle tracking system, the insurer will attempt to trace your vehicle and notify the police.

With a pay as you go insurance policy you get access to your driving data and habits via the internet, the tracker sends data to the the insure and they make it available online to you via your username and password. The online dashboard displays where and when you were driving but it also describes how well you drive, fuel consumption acceleration, speed and this data also effects the price of your insurance, drive too dangerously and your insurance may be withdrawn.