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INS to introduce alternative method to pay for insurance in 2014

December 20, 2013 by Staff News Writer

By 2014, the INS to launch new car insurance pay per use.


In the second half of 2014, the National Insurance Institute (INS) is expected to introduce a new type of auto insurance, which charges a premium according to actual vehicle use. Instead of charging a fixed fee the plan would depend on a specially installed microchip that monitors use of the car and driving habits.

Original Article in crhoy.com

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