Monday, December 31, 2012

Will the science of telematics save young driver from unaffordable car insurance premiums?

By car insurance premiums escalate it is increasingly important to car insurance premiums and adjust the individual visitor is introduced to the risks of specific drivers. Data from the UK shows that young drivers pay in Germany to have 20% of their salary on their car insurance premiums!

It is no longer possible in Europe between male and female drivers and ground another calculation only differ based on gender. The only way to cheaper car insurance premium appears to be safe, to be calculated on the basis of science have - or scientific measurement of driving behavior.

Cheaper car insurance is possible, as it is based car insurance driving for quite a while to pay. It is always possible to calculate car insurance premium based on the distance that you drive, and it has evolved into "Pay How You Drive"

This has opened a door of opportunity for vehicle telematics service providers. The close cooperation between specialists in vehicle telematics and insurance companies has led the rapidly growing insurance telematics industry. Anton Ossip, Ceo of Discovery Insure has described this process as the "science of safe driving" on car insurance premiums calculated.

We have recently also the subject with Deon You border, Executive Director Strategic Projects discussed at cTrack and gained more knowledge about the expertise required to the insurer. The required data on driving behavior measurement Ctrack is a leading global provider of vehicle telematics and has more than 600,000 of these telematics devices updated.

No comments:

Post a Comment