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Matthew Turack

Matthew Turack

Group President, CAA Insurance Company

For those who love to save money, pay-as-you-go auto insurance is an exciting and empowering option.


For drivers, auto insurance is often a big budget item — and an enticing place to save. The desire to save is even greater for those who don’t drive as much, like urban drivers, retirees, people with short commutes, and anyone who has seen their driving patterns change as a result of the pandemic. If you’re spending less time behind the wheel, the CAA MyPace™ payment program lets you take control of your auto insurance costs by giving you the freedom to pay only for the distance you drive.

Pay-as-you-go auto insurance has increased in popularity

“We heard from customers that they wanted more choice,” says Matthew Turack, Group President of CAA Insurance Company. “They didn’t want one-size-fits-all insurance — they wanted choice, agility, and flexibility in controlling costs.”

CAA listened, and introduced CAA MyPace, which puts drivers where they belong: in the driver’s seat. “CAA MyPace is the first and only pay-as-you-go auto insurance program in Canada,” says Turack. “You pay in increments of 1,000 kilometres, and the program reloads as you get close to exhausting your 1,000 kilometres. You’ll never pay more than a standard policy.”

“Pay-as-you-go is a branch of an older product called usage-based insurance,” notes Sean O’Connor, a registered insurance broker and Director of Sales for KTX Insurance Brokers, a CAA Insurance Broker. For years, insurers used telematics to track driving tendencies and reward safe drivers with discounts. “That was a game-changer in the industry,” says O’Connor. “CAA MyPace is the evolution of that and takes it to the next level.”

Giving drivers more choice and control

An insurance program like CAA MyPace is perfectly suited for the times that we’re living in, but CAA anticipated drivers’ needs well before the pandemic.

“We launched MyPace in the summer of 2018, but it really speaks to what consumers are going through right now with the pandemic,” says Turack. “How we work, how we commute, and where we go has changed for a lot of people lately.”

CAA MyPace has seen an over 300 percent year-over-year increase in new policies issued, and it’s not hard to see why — the program just makes sense for a lot of people.

“It’s a very positively received product, being the first true pay-as-you-go plan,” says O’Connor. “I think it’s an ingenious product. The market has been dying for this, and it’s truly trend-setting.”

A smart choice for motorists spending less time driving

As Canada’s only pay-as-you-go insurance payment program, CAA MyPace is a smart choice for many drivers. Customers who have made the switch are seeing significant savings — on average about 50 percent, according to Turack.

The program is available in Ontario, Nova Scotia, New Brunswick, and PEI, and signing up is easy. Customers simply enroll in CAA MyPace, pay their base rate plus their first 1,000 kilometres, and set up the appropriate tracking device and smartphone app. Freedom and control of your insurance await.


Disclaimer: Auto Insurance is underwritten by CAA Insurance Company. Certain conditions, exclusions and underwriting eligibility rules apply. CAA MyPace is a trademark of the Canadian Automobile Association. Vehicle compatibility and enrolment in CAA MyPace payment program is subject to terms and conditions.

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