Car insurance has traditionally had one job to do. After a car crash, traditional car insurance was responsible for assisting a driver back into the driver’s seat as soon as possible. Drivers have known this for decades and come to expect nothing more than this. Now, a car insurance is available which makes it possible for a driver to save money simply by driving with safety in mind. Telematics car insurance is the first car insurance product on the market to reward safe driving habits.
Telematics pay as you drive car insurance involves the use of some high tech equipment to evaluate the driving habits of those being covered. The first piece of equipment vital to the process is a small device which is mounted on the inside of the insured car. The device monitors driving habits like how fast the driver is going, how quickly corners are being taken and how safely a driver is braking.
The data collected by the small device is accessed by the insurer and then posted on a personal online dashboard. This data is important for two reasons. Drivers are able to retrieve valuable feedback about their driving from the online dashboard and second, the insurer evaluates the data for evidence of the driver handling the car with safety.
When the driver appears to be handling the car with safety, they become eligible to receive discounts applied to future monthly car insurance costs. Safe driving habits have never been rewarded before. Telematics makes driving safely a pleasure.
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