Kentucky Drivers Can Pay By the Mile with New Tracking Device

The MyRate tracking device from Progressive Casualty Insurance Company is now available to Kentucky drivers. The MyRate program is available in seven states, and has been popular among many customers. MyRate is just one of the many forms of PAYD or pay as you drive auto insurance programs cropping op across the country.

If you have a car you rarely use, or a very short commute to work, MyRate or another type of pay as you drive program could save 10 or 15 percent on your auto insurance premiums. The device installed on your car tracks driving behavior such as how often you slam your brakes in addition to car mileage. For teenagers who often engage in risky driving behavior, the potential savings is debatable. However it could be a useful way to track your teen's driving habits.

The particular device used by Progressive can be installed on cars made from 1996 on and requires a monthly fee of five dollars to operate. The majority of auto insurance policyholders still see substantial savings on auto insurance premiums even with this small fee. Some auto insurance companies use OnStar to track miles for their pay as you go auto insurance program. For many, a pay by the mile auto insurance program is perfectly suited to their needs.

Find auto insurance quotes from pay as you drive auto insurance companies right here on InsuranceQuotesUS.com.