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Hollard Pay as your Drive Insurance


Hollard Pay As you Drive Car Insurance is, currently, South Africa’s only usages based Car Insurance policy on the Market. Pay as you Drive Car Insurance, or PAYD, is usage based Car and Motor Insurance. This means that your Car Insurance premiums are dependent on type of vehicle you drive, measured how much distance your drive in a particular time (usually in months). Where the car is drive and parked in also taken into considering when determining the car Insurance premiums.


PAYD Car Insurance differs from traditional car insurance, which attempts to differentiate and reward "safe" drivers, with lower premiums and/or a no-claims bonus. However, conventional differentiation is a reflection of past history rather than present patterns of behaviour. This means that it may take a long time before safer patterns of driving and changes in lifestyle feed through into premiums.


Hollard is a household name in South Africa and grown to South Africa’s largest independently and privately owned insurance group in the country.  Having just celebrated their 30 year anniversary Hollard is growing from strength to strength. Hollard’s offerings include a vast range of Insurance and Savings & Investments products.

Hollard Insurance products include PAYD Car Insurance, Life Insurance, Funeral Insurance, Accident and disability Insurance, Insurance for Women, business Insurance and Specialist Insurance.

 

 


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