If you’re an infrequent driver, then there may be an Insurance Company that can bring you some welcome news.
Cuvva have introduced a Pay-As-You-Go insurance policy that allows you to pay a monthly subscription which covers the vehicle is not in use however when it is in use drivers will have to pay as little as £1.20 per hour each time they wish to use the vehicle.
This is a new product to the UK market and simply requires the car owner to take out a monthly subscription between £10 and £30 then topped up for each hour the car is in use.
The cover is perfect for young people who live is cities and typically drive less than 4000 miles per annum, and according to DVLA and the Department for Transport there are as many as 6 million cars in the UK that fit this category.
So for drivers that are often hit with high insurance costs Cuvva could be the perfect option.
Don’t forget, if you’re looking for a lease, then we can point you in the right direction in terms of insurance too.
Cocoon Vehicles are short-term leasing specialists and offer everything from a budget Citroen C1 to the impressive supercars. Why not ask us about the great range of leasing options we have currently and find out about some of our amazing deals!