Paydrive - En del av Dina Försäkringar

Paydrive AB is a Swedish digital insurance company based in Stockholm, specializing in usage-based car insurance.

Founded in 2013, it operates as a public company and is a subsidiary of Dina Försäkringar. Paydrive offers a "Pay-As-You-Drive" (PAYD) model, which bases premiums on actual driving habits rather than averages, promoting fairness and personalization in car insurance. The core product is a telematics-based car insurance designed for private vehicle owners in Sweden. Key features include mileage-based pricing, where monthly fees adjust according to the kilometers driven, and a driving behavior scoring system that rewards safe driving habits. Customers can manage their policies digitally through the "Mitt Paydrive" portal, which provides real-time tracking of miles and costs. Paydrive targets modern, low-mileage drivers who are safety-conscious and looking for cost-effective insurance solutions.