– Virtually half of drivers have not heard of telematics, black box or shell out-as-you-drive engineering says Confused.com –
- Puzzled.com MotorMate app launches on iPhone
- 47% of drivers unaware of telematics or black box devices
- 38% of drivers would take into account getting a telematics device in their vehicle
- 29% of young drivers would have a device if it meant their dad and mom would pay for their insurance coverage!
The imagined of having a telematics device fitted to their auto may possibly be concerned some drivers, and several drivers have not even heard of Telematics technologies. However, Confused.com has come up with a resolution: the ‘Confused.com MotorMate’ driving app which is now obtainable on Android and launched nowadays on iPhone to coincide with the launch of the iPhone 5.
Baffled.com MotorMate enables drivers to check their driving behaviour by making use of their mobile phones GPS. The app assists drivers in finding out about telematics and how they can be rewarded for great driving. The app is totally free to download from Google Play and Apple’s App Keep.
With the introduction of telematics products, safe drivers could no longer have to pay out the identical large automobile insurance coverage value as somebody who drives like a ‘bat out of hell’. Telematics units, which check a driver’s skill and reward very good driving, are turning out to be more and more popular, in accordance to vehicle insurance authorities at comparison web site, Confused.com, who now have numerous telematics providers on their panel and have their own telematics app. Nevertheless, new investigation also demonstrates that several drivers stay unaware that they could be rewarded for good driving.
Nearly 2 out of 5 drivers (38%) say they would take into account obtaining a telematics gadget fitted in their automobile. However, virtually half (47%) of drivers have informed Confused.com that they are still unaware of the new telematics, or black box, products, which can minimize automobile insurance fees for cautious drivers. After they know about the boxes, saving money is a motivator for 86% of drivers, and deterring theft by utilizing a black box as a tracking gadget is a motivating issue for 43% of drivers .
What is telematics?
Telematics insurance coverage, Black box insurance coverage, Smart box insurance, Shell out As You Drive, Usage Primarily based insurance coverage (UBI) are all terms employed to describe the most recent generation of personalised auto insurance options based on your driving fashion. An increasing quantity of insurance suppliers are giving drivers a telematics gadget as a implies of reducing automobile insurance coverage premiums. The device is installed in your vehicle and the way you drive is reported back to your supplier. Responsible safe driving is rewarded by supplying reduced premiums that reflect that you represent significantly less risk to the insurer.
Youthful drivers are most very likely to consider getting the units fitted: forty.5% of 17-24 12 months olds say yes they would consider acquiring a telematics device fitted, in contrast to an total average of 38%.
What 17-24 year-outdated drivers told us:
- 29% of youthful drivers would have a gadget fitted if it meant their mothers and fathers would shell out for their insurance
- 15% of youthful drivers say their dad and mom already shell out for their auto insurance.
- 19% would not have the device fitted even if their mother and father paid, as they would not like their mothers and fathers to see how they drive.
- 43% of dad and mom whose children are young drivers would spend all or component of their child’s insurance coverage if they knew how and when they had been driving, 21% would contribute regardless.
- Fathers are less very likely to contribute to their child’s automobile insurance than mothers (24% of men would not contribute in contrast with 21% of ladies)
Regionally, London has the least awareness of telematics:
Just 36% of drivers said ‘yes’ they have heard of telematics, black boxes or spend-as-you-drive technology, in contrast to a national average of 44% and just 34% of London’s drivers say they would take into account getting one of the boxes put in, as opposed to Northern Ireland exactly where a whopping 54% of drivers say yes to the idea of the gadgets.
Significantly far more males than girls (50% vs. 39%) have heard of this new technology, but interestingly a equivalent number of males and women would take into account getting the products fitted: 38% of ladies and 39% of men.
Joanne Garcia Head of Emerging Products at Puzzled.com said: “Telematics offers drivers the opportunity to save money on vehicle insurance coverage. Even though the benefits are there for all drivers, it can be especially welcome to younger drivers contemplating that 17-twenty year olds are having to pay an regular of £2,491 for a comprehensive vehicle insurance policy.”
“Offering our clients our Baffled.com MotorMate app permits buyers to attempt the telematics knowledge without having possessing to commit. The app lets us reward our buyers for getting good drivers. By making use of the app, drivers can actually realize how they drive and more than time, improve their driving abilities, producing them a safer driver and hopefully making our roads safer as well.”
Kevin Clinton, Head of Street Security at the Royal Society for the Prevention of Accidents (RoSPA) stated: “RoSPA believes that driver telematics will turn out to be significantly a lot more widespread more than the subsequent few many years. Telematics can help people to considerably boost their driving and decrease their threat by identifying risky varieties of driving, such as sharp acceleration or braking, speeding and sharp cornering, and then offering advice to them on how to drive much more smoothly and securely. Using this inside an insurance policy that rewards drivers for safer driving provides a effective incentive for people to improve their driving expertise.”
Anybody interested in locating out far more about telematics can download the cost-free Puzzled.com MotorMate app. Much more info right here: http://www.confused.com/car-insurance/motormate
Notes to Editors
The poll 2,000 drivers was carried out by OnePoll for Puzzled.com in the United kingdom in the course of July 2012, all final results rounded up to the nearest one%.
Drivers have been able to give more than 1 answerConfused.com Auto Insurance coverage Value Index July 2012.
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Confused.com was the UK’;s 1st cost comparison website for vehicle insurance. Puzzled.com is one particular of the UK’s most significant and most well-known price comparison companies. Launched in 2002, it generates above one particular million estimates per month. It has expanded its range of comparison merchandise above the last couple of many years to incorporate residence insurance coverage, travel insurance coverage, pet insurance, van insurance, motorbike insurance coverage, breakdown cover and power, as well as fiscal services goods which includes credit cards, loans, mortgages and lifestyle insurance.
Confused.com is not a supplier, insurance coverage firm or broker. It supplies an aim and unbiased comparison services. By using cutting-edge engineering, it has designed a series of intelligent world wide web-based answers that assess a number of threat variables to aid consumers with their determination-producing, subsequently discovering them wonderful bargains on a wide-assortment of insurance coverage merchandise, financial companies, utilities and a lot more. Confused.com’s support is based on the most up-to-date details presented by United kingdom suppliers and business regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.