Since, 2002, UK's leading price comparison services provider, Confused.com has been providing price comparison service for a range of insurance products including multi-car insurance, holiday home insurance and cheap life insurance. In an effort to further expand the choice of its customers in the area of personalized insurances, the company has recently welcomed insurethebox to its panel of telematics providers.
Telematics allows personalized insurance based on the safety of the policyholder's driving. This is measured using data gathered by a device which is fitted to the car. The device is about the size of a deck of cards, and gathers data such as mileage, when and where the car is driven and harsh acceleration and braking.
Insurethebox is the fourth telematics provider to be added to the Confused.com panel, following Autosaint, Coverbox and AA Drivesafe, a press release revealed.
Young males typically have the worst driving record and end up paying the highest premiums. Insurethebox’ telematics insurance has been designed especially for these drivers who believe they can reduce their premiums by driving safely.
insurethebox policies come with a number of unique features. The individual insured is limited to a maximum number of 'policy miles' which they can drive in a year - currently 6,000. Extra miles can be purchased or built up.
The data gathered is sent to insurethebox, which then rewards safe driving with up to 100 bonus miles every month. This means, the better the driving, the greater the chance of premium reductions on renewal. The data can also be accessed online through a secure personalized portal, giving the drivers opportunity to discover the areas of improvements.
insurethebox telematics solution also comes with a safety benefit. In the event of an accident, insurethebox receives first hand information and emergency services can be dispatched accordingly.
“For us, Confused.com customers come first. So we're really happy to be able to offer them a greater choice and variety of policies. insurethebox are a market-leading brand with some really progressive ideas. Their telematics expertise is second to none, and we're really glad to be able to add them to our impressive list of partners,” head of car insurance at Confused.com, Gareth Kloet explained in a statement.
Last week, confused.com launched
a new promotion giving away free breakdown cover with any van insurance policy purchased through the site.
Edited by Brooke Neuman