Cars.com: Would you choose pay-as-you drive insurance?
Of the respondents who would never consider signing up for pay-as-you-drive insurance, 26 percent said they don't understand how it works. Many incorrectly think pay-as-you-drive programs monitor for drunken driving and driving in high-crime neighborhoods. Instead, the programs measure mileage, location, drive times, fuel economy and average speed data.
Of the respondents who would never consider the insurance, 21 percent said their primary concern was sharing personal information.
Millennial generation drivers are most interested in pay-as-you-drive plans. Forty-three percent of drivers between the ages of 18 and 29 said they would consider enrolling and only 36 percent of drivers between the ages of 50 and 64 indicated interest.
Older drivers are the least interested; only 28 percent of respondents older than 65 said they would consider it.