Car insurance has through the years been a necessary product which remained idle until a car crash takes place. Car insurance has never been a product which helped drivers to potentially save money, just a product to help pick up the pieces after they are affected by a car crash. A new type of car cover called telematics pay as you drive car insurance is changing the way car insurance is viewed.
Telematics car insurance is paving the way for a new way to think about car insurance. It gives drivers the opportunity to save money whilst driving simply by driving with safety in mind. Telematics accomplishes this by involving a small mounted device which rides along in the insured car interior.
The small device monitors driving habits like speeding, braking and cornering. The insurer evaluates the data collected by the small device and searches for evidence the driver is handling the car with safety.
After discovering the driver is handling the car with safety, they become eligible to receive rewards from the insurer. These rewards are presented to the driver in the form of discounts applied to the cost of future monthly car insurance premiums.
These rewards are quite valuable and can mean the savings of several pounds per month. Driving and saving money has never been so simple. Telematics car insurance is helping drivers all over the UK and appears to be set up for the long run.
Telematics car insurance is available online at any time.