This blog tracks Australian news and research relating to speeding, speed cameras, road safety and related technologies including; insurance telematics and intelligent speed adaptation (ISA).

No more speeding tickets -SpeedAlert-Live the free app that protects your driving license from the risks of unintentional speeding. Download it for free at www.speedalertlive.com

Monday, October 17, 2011

UK Black Box Car Insurance Offers Savings During Tough Economic Times

http://www.comparethebox.com/blog/black-box-car-insurance-offers-savings-during-tough-economic-times/

Black Box Car Insurance Offers Savings During Tough Economic Times

During tough economic times, any rise in costs of monthly items can strain a family budget. It is especially true of our car expenses. There are other costs to operating a vehicle than just the cost of car insurance. There are routine maintenance costs and petrol costs. There are also costs involved to keep the car clean. A rise in any of these costs can cause a ripple effect in the way we run our everyday errands; the way we organize our lives. Car insurance has been increasing in cost for more than twelve months now, reaching an average cost of 843 pounds per year. That is just an average. Some young drivers are paying more than 2,500 pounds per year, simply to operate a car. Car insurance like Black box is helpful in controlling the cost of car insurance due to its unique ability to offer rewards to a driver who is thrifty.

Black box car insurance is a gps enabled car insurance which is unique in two ways. First, the gps ability means that if your car is ever stolen, recovery will be much quicker than normal for the authorities. Second, Black box is able to reward drivers who use good judgment and drive with safety on their minds.

A small device is mounted within the insured car and records habits like: speeding, cornering, braking and the time of day or night the car is driven.

Once it is determined that safe driving habits have been used, a discount is applied to future monthly premium costs. The opposite takes place in the event unsafe practices have been used to operate the car. Additions are made to future monthly premiums or policies are cancelled altogether.

Black box car insurance is available online and is only growing in popularity.

No comments:

Post a Comment