We are all experiencing significant life changes all of the time. We meet people, enter into relationships, break-up, start and end careers and move our places of residence all the time. It appears that this is becoming more frequent in the 21st century!
I have recently listened to a rather interesting presentation on how employers could and should improve their chances of holding on to employees. The presenter compared past and present employees to animals. The older employees or those from past generations have been compared to dogs – they are easily kept in one place, tend to be very loyal and obedience can be ensured with a sweet or nice bit of food every now and then. The new generation of employee is more like a cat – difficult to contain in one place, less likely not to wonder off and very difficult to please with some special prize…
In our workplace this is indeed true! Employees do not anymore stay for decades at one employer and will move between employers much more frequently. There are many new jobs that never even existed 10 years ago! Especially in the online industry we find jobs that we never knew existed when we were at school!
Personal Circumstances affecting how much you Pay As You Drive
There is a direct and very close relationship between your personal circumstances and your car insurance premium. Not only do your gender, age and the vehicle that you drive affect your car insurance premium – but also a variety of other personal circumstances.
In this post we would like to focus on a few of those interesting life changes that should affect your car insurance premium. These are life changes that impact on how much you drive and how far you drive.
• Birth / Retirement / Death
Your age will always be important in calculating your insurance premium. It is however more important than just as a possible component of your driving experience. The birth of a child or death of a loved one could result in the regular driver undergoing significant life changes and having to drive much less.
Retirement is another life change that often leads to a change in physical location to a place where much less driving is required. Modern retirement villages cater for the needs of the elderly within walking distance and @home deliveries will also take away much of the driving requirements!
• Relationships / Marriage / Divorce
Not only are females regarded as safer drivers, but they play a significant role in the life changes of relationship status, marriage and divorce. These are all life changes to decide where you reside, where you work and how much driving is required from you!
• Employment / Career changes
As we change employment, so do the driving that we need to do. Some jobs require that we drive long distances – often at our own expense and in our own vehicles. Other jobs only require that we drive between home and work. In recent years there has been a trend towards new “work from home” careers and as internet access and internet speed increase we can expect many more self-employed workers, consultants and contract workers working from home!
• Location / Residence/ Home Security
Where your drive and park your vehicle is very important for the risks of vehicle accidents and vehicle theft. Many of the above life changes will change the risk area where you live and work. Changes in location also often lead to improved parking facilities and vehicle security – enabling you to benefit from the reduced risks to vehicle loss.
Advice and Conclusion
As life changes affect our personal circumstances – so do our driving needs and driving behaviour! If you find that you are driving less, saving money on your fuel and vehicle maintenance costs – should you not also consider a car insurance product that makes you pay as you drive?!
Consider Pay As You Drive when experiencing life changes!!