by Insurance companies are constantly looking for ways to make their products more affordable and convenient for customers. One of the latest trends is the introduction of switch on and off motor insurance add-ons. These add-ons allow you to only pay for your car insurance when you actually use your car. This can be a great way to save money if you only drive your car occasionally, or if you have a second car that you don’t use very often.
How does it work?
To use a switch on and off motor insurance add-on, you will need to download an app from the insurance company’s website. The app will track your driving habits and allow you to switch your insurance on and off as needed. For example, if you only drive your car to work on weekdays, you could switch your insurance off on weekends. Or, if you’re going on vacation, you could switch your insurance off for the entire time you’re away.
How much can I save? : The amount of money you can save with a switch on and off motor insurance add-on will vary depending on your driving habits and the insurance company you choose. However, you can expect to save anywhere from 10% to 30% on your annual premium.
There are a few limitations to switch on and off motor insurance add-ons. First, you will need to have a smartphone and be able to download the app. Second, you will need to drive your car regularly enough to accumulate enough reward days to get a discount. Finally, it’s important to note that switch on and off motor insurance add-ons may not cover all types of claims. For example, if you have an accident while your insurance is switched off, you may not be covered.
Switch on and off motor insurance add-ons can be a great way to save money if you only drive your car occasionally. However, it’s important to weigh the benefits and limitations before you decide if it’s right for you. If you think a switch on and off motor insurance add-on could be a good option for you, be sure to compare quotes from different insurance companies to find the best deal.
Here are some additional things to keep in mind when considering a switch on and off motor insurance add-on:
- The add-on may not be available in all states.
- You may need to pay a monthly or annual fee for the add-on.
- The add-on may not cover all types of claims.
- You should read the terms and conditions of the add-on carefully before you purchase it.
