The scheme has been piloted for four months: Hauliers will be able to cut insurance bills by 25% using a "revolutionary" pay-as-you drive scheme
London,EN,UK -Road Transport, by Dominic Perry -26 November 2010: ... According to insurer Towergate Insurance, it launched a new package this morning called Azudrive, which allows drivers to only pay for the miles they cover... Larry Smith, MD at Towergate, tells: "This is a revolutionary product and could cut operators' bills by a quarter. We don't consider it fair that a haulier who's truck travels 40,000km annually pays the same as a logistics firm that covers treble that amount" ... Removals firms, skip operators and construction hauliers that frequently have low-mileage operations are expected to benefit from the new method of payment... A spokesman for the Freight Transport Association adds: "The pay-as-you-use nature of the Azudrive service will benefit those who may not have their vehicles in use 24/7. It is an exciting development especially in an environment where cost control is at the forefront of most daily agendas" ... Smith anticipates with the 1% rise in insurance premium tax to 6% due in January, take up of Azudrive will be high...
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