Black box car insurance, also known as telematics insurance, has been around for a number of years. So, who can apply for such cover?
Well, it was originally introduced with a view to making the cost of car insurance more affordable for the likes of motorists under the age of 25. Many young motorists often used to find that the cost of insuring their vehicles was prohibitive sometimes resulting in some having to pay more in monthly premiums than they were paying in monthly car loan repayments.
As a general rule, black box cover may appeal to some young drivers under the age of 25, those motorists will less experience of driving as well as motorists who do not spend too much time behind the wheel of their vehicles resulting in them not driving too many miles.
However, over a period of time, some insurance companies have made such cover available to older motorists some of whom have also found that they have been able to reduce the cost of insuring their motor vehicles.
Black box car insurance involves a small box being fitted inconspicuously on the dashboard. This piece of equipment monitors certain aspects of your driving such as where and what time of day you are driving your car as well as things like the speed you are travelling at and your braking. These factors are taken into account in addition to the normal factors such as your age, driving experience, make and model of car being driven, the number of miles you drive each year, where you live, where you park your car overnight, the level of cover required, motoring convictions, what you are driving the car for i.e. for business purposes or for domestic, pleasure and commuting to name but a few.
So, if you are looking to arrange motor insurance for the first time or your policy is shortly coming up for renewal then why not consider looking at the option of black box cover and see if such cover could lower the cost of your car insurance.