John Dlamini is a 38-year-old financial manager who travels approximately 500 kilometres a month. Based on his personal profile, his car insurance premium is R624 a month for the Drive500 plan.
For additional kilometres travelled in excess of his DrivePlan Kilometres John will pay 23c per kilometre.
John’s allocated kilometres each month are as follows:
| |
Allocated kilometres |
Premium |
| Drive500 plan |
500 |
R624,00 |
| 10% bonus kilometres |
50 |
R0,00 |
Additional charge once DrivePlan
Kilometres have been exceeded |
per kilometre |
23c |
| Total allocated kilometres |
550 |
|
Over the past three months, John has travelled the following distances:
| |
Kilometres travelled |
| Month 1 |
477 |
| Month 2 |
535 |
| Month 3 |
565 |
| Total |
1 577 |
John’s DriveSave Account has operated as follows:
| |
Allocated kilometres |
Kilometres travelled |
DriveSave account balance |
| Month 1 |
550 |
477 |
73 |
| Month 2 |
550 |
535 |
88 |
| Month 3 |
550 |
565 |
73 |
| Total |
1 650 |
1 577 |
73 |
When John exceeded his kilometres in month three he was able to use kilometres that he had saved in his DriveSave Account to cover this additional distance.
This means that no additional premium was charged in month three.
Over the three-month period, John has managed to save 73 kilometres, which he can use in the future.
Client stories
Mr Maharaj - Policy number 7252286
“I’m very happy with this product. I never drive long distances and my car is parked in the garage most of the time.
I am saving a lot of money every month. I have a lot of kilometres saved in my DriveSave Account. I’m so happy with this
product that I have even recommended it to other people.”
Mrs Geldenhuys - Policy number 7252684
“This product is an excellent idea as I don’t drive a lot. I just use my car to go to the shops. It is saving me money.
Having the Skytrax in the car gives me peace of mind. I feel safer having the Skytrax in my car.
Ms van Dyk - Policy number 7252328
This client is on the DriveMax but she had this to say “I’m very happy being on this product. It is a wonderful product.”
Miss Mushi - Policy number 7252345
“I only drive my car to work and back. That is why I’m on the Pay As You Drive as I only pay for what I use.
I’m also very happy with the third party liability cover you have on the product.
Clive Naicker
"I have been a Hollard client for several years while my vehicle was still on finance. After paying it off, I decided to take the Pay As You Drive policy as my personal vehicle was only going to be used on certain occasions due to me being given a company vehicle. All my interactions with Hollard staff from the fitment centre, enquiries to the customer care, have been excellent. Hollard’s service level in my opinion is the best and I would gladly recommend it to anyone. I had one claim approximately three years ago while on another insurance plan with Hollard and it was handled professionally with the least amount of stress. I think Pay As You Drive is excellent for those who want to monitor their vehicle performance, consumption and most importantly whereabouts. I find myself managing my vehicle much more efficiently since signing up and look forward to installing another unit on the same policy as soon as I purchase my second vehicle.
Well done to management and staff."