Houston, TX (PRWEB) September 27, 2012
Car.InsuranceCalculator.net is pleased to announce the addition of Pay-Per-Mile car insurance into its auto insurance channel. Pay-per-mile car insurance is an example of how insurance companies are utilizing modern technology to accommodate consumer needs. Started by an insurance company called "Gateway", insurance companies throughout the United States are starting to adapt such technology and offer competitive pay-per-mile car insurance quotes. Consumers throughout the nation can now utilize Car.InsuranceCalculator.net and its free car insurance calculator to find and compare pay-per-mile car insurance quotes in seconds.
"We are very excited about the addition of pay-per-mile car insurance," said Eric, Senior Advisor of InsuranceCalculator.net. "In addition to providing a fast and reliable tool for consumers to compare quotes, we are constantly perfecting our insurance vertical by offering as many types of coverage as we can."
The technology already exists in the auto industry - taxi vehicles. The same technology used on taxi vehicles has been adapted by insurance companies, allowing insurers to create premiums based on the actual distances traveled by an insured vehicle. This type of car insurance coverage is perfect for drivers who don't use their vehicles often, or collectors who own multiple vehicles.
"This type of coverage is still young in the auto insurance industry," said Eric. "We are happy to be on top of technology."
Insurance giants are also considering adapting such technology to help them identify and eliminate insurance fraud.
For more information, or to get started with instant car insurance quotes, visit: Car Insurance Calculator