Pay-As-You-Drive Insurance PAYD : Coverage for Low-Mileage
Introduction Car insurance in India is evolving with innovative policies like Pay-As-You-Drive (PAYD) Insurance. This flexible option allows vehicle owners to pay premiums based on their actual usage rather than a fixed annual rate. It benefits low-mileage drivers by offering cost savings and customized coverage. In this article, we explore PAYD insurance, its advantages, eligibility,…