Taxis-Fairmont-hotel1-1024x768.jpg' alt='How Much Do Black Cab Drivers Earn In Edinburgh' title='How Much Do Black Cab Drivers Earn In Edinburgh' />Insurer Cuvva launches a new pay as you drive policy. A provider specialising in pay as you go car insurance has created a new policy for vehicle owners who drive only occasionally. NEW FEATURES ADDED 7. Separate sound set for cab view. Reduced sounds in drivers cab as per the real machine TASS Tilt Authorisation and Speed Supervision. Beat the mind tricks that make you poorer How our brains are wired so we pay off the wrong debts and sell shares at the worst time How much guaranteed income do you. The new product a first for the UK market requires the car owner to take out a monthly subscription of between 1. Cuvva, which already offers by the hour insurance cover for individuals to drive vehicles belonging to friends and family, said car owners will have to pay from 1. A monthly insurance subscription covers your car when its not in use for 1. The cover is aimed at young city dwellers who pay high insurance premiums for cars that are driven for fewer than 4,0. Edinburgh based insurer said. According to Department for Transport and DVLA figures, there are approximately six million cars in the UK that are described as being driven very infrequently. Cuvva said these low mile drivers are forced to pay hefty premiums despite spending little time on the road, effectively subsiding higher mileage motorists. As a way of cutting their costs, it offers drivers the choice to pay a monthly subscription that ranges from 1. Adventurous Kate contains affiliate links. If you make a purchase through these links, I will earn a commission at no extra cost to you. These commissions help reduce. Dont even think about paying for porn on the net Whats the matter with you Why are all you new surfers on the net running around with. WHO IS CUVVA AND WHAT IS PAY AS YOU GO INSURANCE Cuvva was the first ever tech platform to offer cover through a mobile app to drivers who want to borrow a friend or relatives car for a few hours or share driving when it launched in October 2. It has now sold over 1. Cuvva Sharing product to drivers who want to borrow a car for as little as an hour. The company has raised 2 million in funding since it was started two years ago and recently completed a 1. Local. Globe.  Tekton Ventures, Techstars Ventures, Seedcamp, Nick Hungerford the founder of online investment management service Nutmeg and Ian Hogarth founder of Song. Kick are also among the companys backers. This fully comprehensive subscription insures the vehicle when its parked up at your home and not in use. However, when the owner decides they need to drive somewhere, they then have to pay from 1. Cuvva app. Unlike its existing pay as you go insurance service based on a driver being able to get behind the wheel of any car, the subscription cover is for one vehicle only. If two people share a car they would need two subscriptions in order to drive it. As with conventional insurance, users will earn a no claims discount at the end of a 1. The monthly subscription can be cancelled at any time at no cost, though drivers run the risk of a fine from the DVLA if the vehicle isnt insured by another provider or declared off the road or SORN at the end of the 2. How much could you save According to Confused. Cuvva says the new subscription based policy could save infrequent drivers up to 7. Aebersold Play Along Pdf. Founder, Freddy Macnamara, says he came up with the idea for pay as you go insurance after using Uber and Deliveroo. Founder, Freddy Macnamara, initially came up with the idea of paying for car insurance by the hour while discussing lending his car to a friend. It was ridiculous that I couldnt borrow a car for an hour, because of the difficulty of getting short term cover, he said. I could order an Uber or a Deliveroo to my house, but I couldnt buy insurance for a short period quickly. We realised that we could use the same mechanism to save infrequent drivers a huge amount of money. Technology has changed so many industries and given consumers cheaper, more convenient alternatives. Yet car insurance continues to be opaque and inflexible, costing some people a lot more than it should. Que Es La Comunicacion Asertiva Pdf more. Whether it is borrowing a car from a friend for a short period of time, or owning a car that you dont drive much, many people get an unfair deal when it comes to car insurance. Ophelia Brown, general partner at venture capital investor Local. Globe, said Pay as you go insurance is a long overdue product in the UK, where increasingly the trend is for drivers to use their cars less and less. Its crazy that peoples premiums havent and cant change to reflect that. Cuvva understands that, just as consumers expect price transparency and flexibility with all other financial services, they should also get that with their insurance.