Log in

Login to your account

Username *
Password *
Remember Me
Wednesday, 23 May 2018 11:47

CAA Insurance unveils pay-as-you-go auto insurance program

This new program allows drivers to control how much they spend when it comes to auto insurance 

caa logo

TORONTO, May 23, 2018 /CNW/ - Ontario motorists will have a new option to help manage auto insurance premiums, thanks to a new, first-in-Canada payment program announced today by CAA Insurance Company. 

The new program, called CAA MyPace™, gives motorists the choice and control they are looking for when it comes to auto insurance. It empowers motorists to monitor how much they drive, and pay for auto insurance based on that mileage.

"We believe that insurance options should be designed based on individual lifestyles and the various stages of people's lives," said Matthew Turack, president, CAA Insurance. "People should be able to access the insurance they need, when they need it at a price and payment schedule that works for them. CAA MyPace brings Ontario motorists one step closer to that reality."  

The new program is powered by a telematics device that is plugged into the vehicle and connects to a mobile app or web portal.  The app allows motorists to track how much they are driving and to pay for auto insurance based on that mileage. CAA MyPace will be of most benefit to low-mileage drivers. 

CAA MyPace is ideal for the Monday to Friday public transit commuter who leaves their car at home, someone retired who likes to visit family on weekends, or motorists that drive under 9,000 kilometres due to their overall lifestyle.

"Over the last number of years, auto insurance has been front of mind for a lot of Ontarians," said Elliott Silverstein, manager, government relations, CAA South Central Ontario. "Today's announcement provides an additional layer of choice for those who are low-mileage drivers and marks an important step in the modernization of insurance in Ontario." 

CAA MyPace is simple and easy to use. Drivers enroll as they would with any other CAA Insurance policy, install the MyPace device in their car and drive. Motorists start with a base rate and are charged every 1,000 kilometres. 

{div}

Kilometres are reloaded automatically in 1,000 kilometre increments, so you are only paying for what you use. Customers receive a notification to let them know when they are close to the end of a 1,000 kilometre increment, making it easy to monitor usage. The program will be available in Ontario later this summer. 

Recently, CAA was voted as the most trusted brand, in Canada by the Gustavson Brand Trust Index. 

About CAA Insurance 

Established in 1974, CAA Insurance Company is an independent insurance company that offers competitive products and pricing to protect Canadians in their homes and on the road.  CAA Insurance is an underwriter of home and auto insurance products distributed through CAA Clubs and select brokerages.  CAA Insurance is an affiliate of the CAA Club Group. 

 

SOURCE CAA South Central Ontario

Last modified on Saturday, 26 May 2018 05:54

In this Edition...

2018 Ride for Motorcycle Awareness and Memorial Ride Sept 9, 2018 2018 Ride for Motorcycle Awareness and Memorial Ride Sept 9, 2018 2018-08-16 - Brought to you by the Drivers Against Distraction  More detail
Port Alberni Toy Run is Saturday, September 15, 2018! Port Alberni Toy Run is Saturday, September 15, 2018! 2018-08-15 - Port Alberni - Voted Canada's Most Rider Friendly Community More detail
Calling all riders! Take our 2018 Rider Survey Calling all riders! Take our 2018 Rider Survey 2018-08-15 - The changing world of motorcycling and our Rider/Reader Surv More detail
The 2nd Annual Boreal Biker Rally is Aug 24-26th, 2018 The 2nd Annual Boreal Biker Rally is Aug 24-26th, 2018 2018-08-15 - August 24 - 26th, 2018  Plamondon, Alberta More detail
Ride Like a Local TV interviews Patricia Nicholl of Alberta Council of Women's Shelters Ride Like a Local TV interviews Patricia Nicholl of Alberta Council of Women's Shelters 2018-08-15 - Ride Like a Local TV - S6E3 SEG1  - Ride for Mom More detail
2nd Annual Boreal Biker Rally is Aug 24-26th! Win Tickets! 2nd Annual Boreal Biker Rally is Aug 24-26th! Win Tickets! 2018-08-15 - August 24 - 26th, 2018  Plamondon, Alberta More detail
10 Anniversary Military Police National Motorcycle Relay - Week 3 Highlight 10 Anniversary Military Police National Motorcycle Relay - Week 3 Highlight 2018-08-15 - Day 16 (National Ride) Monday, 13 Aug 2018 – Trenton/Kin... More detail
Ride Your Own Bike from Ontario to Alberta or Fly out and Rent your Ride Ride Your Own Bike from Ontario to Alberta or Fly out and Rent your Ride 2018-08-15 - Recently, my brother and his wife along with another couple rode... More detail
Stop in at Azuridge for a free burger! Stop in at Azuridge for a free burger! 2018-08-15 - Receive a free burger with the purchase of a burger of equal... More detail
Games of Barnes Grande Prairie Edition! Are you playing? Games of Barnes Grande Prairie Edition! Are you playing? 2018-08-15 - Barnes Nation is growing and now you can play the Game of Barnes... More detail
Don't miss Flat Track races at Dinosaur Downs Speedway Aug 25-26, 2018 Don't miss Flat Track races at Dinosaur Downs Speedway Aug 25-26, 2018 2018-08-14 - Next weekend is the Flat Track races at the Drumheller Dinosaur... More detail
12 Stop Ride For Recovery Motorcycle Road Rally is Aug 25! 12 Stop Ride For Recovery Motorcycle Road Rally is Aug 25! 2018-08-14 - Celebrating 10 years of recovering lives - One Stop at Time More detail
The 12 Stop Ride For Recovery Motorcycle Road Rally Aug 25! The 12 Stop Ride For Recovery Motorcycle Road Rally Aug 25! 2018-08-08 - Celebrating 10 years of recovering lives - One Stop at Time More detail
The 2nd Annual Boreal Biker Rally s Aug 24-26th! The 2nd Annual Boreal Biker Rally s Aug 24-26th! 2018-08-08 - August 24 - 26th, 2018  Plamondon, Alberta More detail

RSS Feed Classifieds

© 2018 Belt Drive Betty Media ®. All Rights Reserved. Powered by AliG8r