Insurance & telematics
With the average premium costing around £2,000, insurance cover is one of the main expenses for a young person with regard to owning a car.
Insurance companies are working to reduce this cost through policies linked to telematics or ‘black box’ technology, which provide feedback on driving behaviour.
Click here for more information about black box technology.
Here are a couple of insurers who specialize in providing telematics technology and insurance for young drivers.
The ingenie box is a self-contained unit the size of a smartphone, and the cost of the ingenie box and fitting it is included in the price of the insurance.
Marmalade’s black box technology is designed to lower driving risk by helping develop safe driving skills and improve a driver’s knowledge and skills.