Insurance services provider, Moovah, has introduced a new vehicle insurance product that allows motorists to pay premiums based on their driving behaviour.
Most motor vehicle insurance premiums in Zimbabwe are fixed and do not take into consideration several factors, such as age of the driver or whether the vehicle is parked at home or at the office most of the time.
Mr Givemore Jojo, chief commercial officer at Moovah's parent company Cassava Smartech Zimbabwe, said the Pay As You Drive (PAYD) insurance product gives motorists control to lower their premium costs through model.
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