Car insurance is compulsory in India, but not every car owner uses their vehicle in the same way. Some people drive daily for office, school drops, business meetings, and weekend trips. Others use their car only occasionally because they work from home, use public transport, own multiple vehicles, or travel mostly by cab. In a traditional car insurance policy, both types of owners may pay a similar annual premium if their car model, age, location, IDV, and coverage are similar. This is where Pay as You Drive insurance becomes useful. Pay as You Drive insurance, also called PAYD insurance, Pay as You Go insurance, kilometre-based insurance, or usage-based car insurance, is a modern motor insurance concept where your premium is linked to how much you drive. In simple words, if you drive less, you may pay less for the own-damage portion of your car insurance. This makes it a practical option for low-mileage drivers who do not want to pay a full standard premium for a car that remains parked most of the time.…