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Slang: Car Insurance Pay As You Go Imagine if you're a car owner and have the luxury of paying for your insurance like it’s pay as you go (pay to use). That way, you never have to worry about insuring something that may not need it anymore. For example, let's say you had an accident on your beloved 1980 Volkswagen Jetta. You were in a state with bad weather and decided to leave the car at home for a few days. When you return, the insurance company is still charging you the same rates as before. Example Sentence: "Hey, I just got hit by an SUV on the highway last night. What will my insurance companies do now? I mean, I thought about paying for it like this for years, but they charge me the same way! How do I get out of this mess?"