Pay As You Drive
Utilize accurate information about the timestamp, odometer status and geo position of a connected vehicle to optimize processes for you and your customers.
Retrieve timestamp, odometer status and geo position information remotely
With Pay As You Drive the individual driving style can be queried and therefore the customer can be offered the appropriate insurance rates.
The days of uniform insurance rates were yesterday - Pay As You Drive enables an innovative usage-based insurance service and fulfills the desire of vehicle users to insure their vehicle based on personal usage. By requesting information such as the duration, time and areas a vehicle is driven, the insurance rate can be perfectly adjusted to the driving characteristics of the vehicle users. Pay As You Drive rewards those who drive less, e.g. with savings on their premiums.
Get in touch with us!
Speak with our experts to explore Pay As You Drive and get the answers you need.
Contact usWhat data is included?
Retrieve odometer, time stamp data & geo data readings remotely - without a dongle. You can offer usage and behavioral based insurcance services by gaining access to these data points.
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Odometer
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Geoposition
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Time Stamp
Your advantages at a glance
Insurers and policyholders benefit equally
Vehicle users can easily activate pay-as-you-drive through Mercedes me and incorporate the data collected into the risk assessment process. This enables insurers to offer their customers highly individualized insurance rates based on their driving habits.
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Customized rates
Offer fairer and more customized insurance rates by tracking how often a vehicle is driven, at what times, and in which primary areas.
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Odometer readings in sight
Retrieve odometer readings remotely without the need for a dongle. Perfect data for flexible mileage-based contracts.
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No hardware installation
Mercedes‑Benz vehicles do not require any additional hardware for policyholders to benefit from fairer or even lower insurance rates.
Functions and features of the Pay As You Drive
1. Data Release
The driver activates three Mercedes me services and gives consent for the data to be used by a third party - the insurer. The data includes timestamp, mileage, and geographic location of each start and end of a trip.
The personalized data can be validated and aggregated via our developed algorithms.
2. Data Collection
After giving consent, the driver activates the Pay As You Drive service. The insurer is notified and can offer individualized insurance rates to the customer based on the vehicle identification number (VIN).
3. Data Security
Data protection is our top priority. We only use data from customers who have given their consent to share their anonymized data for this specific use case. The customer can revoke this consent at any time. We also anonymize the data by deleting all personal information as soon as the data enters our backend.
Efficient hardware savings for UK policyholders
For Mercedes‑Benz drivers, the implementation of our API makes By Miles' fairer kind of car insurance more appealing and quicker to set up.
Arrange your personal consultation!
Our connectivity specialists will advise you on potential use cases and help you explore how Pay As You Drive can support your business or solution.