The reason for this is young drivers, on average, claim most frequently and make the costliest claims.īut if you're a young driver who drives more safely than the average young driver, then black box policies should, on paper, recognise this, and provide you with a fairer price.
Black box it drivers#
Typically, young drivers – particularly those under 25 – pay much more for car insurance than other groups. When telematics policies first emerged, they were aimed squarely at young or inexperienced drivers. Black box car insurance for younger drivers Some providers could increase your premiums, while others may cancel your cover altogether if you perform poorly or are frequently caught breaking the speed limit. However, there are also penalties if you drive badly. In some cases, black box technology can also be used to help trace your car if it's stolen, or provide evidence to support you in a claims dispute. Black box policies let you review your driving over time, helping to identify where you could improve. Telematics technology brings additional perks. Policies that are based on mileage – where there's a limit on how much you can drive – often have bonus miles as rewards that are dished out monthly or quarterly. discounting your premium if you have a good track record of safe driving.How do black box 'telematics' insurers reward good driving?īlack box insurers can reward you in a number of ways including:
0 kommentar(er)
