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Insurance telematics in UK by 2017

UK: According to a research by Gocompare.com, almost six in 10 UK drivers believe that they will move across to a telematics or ‘black box’ insurance policy in the next five years. The study suggests that 92 per cent of drivers opined that car insurance premiums should be based largely on the way they drive, not age or gender, while 97 per cent believed that careful drivers should be rewarded with cheaper insurance.

Scott Kelly, head of car insurance at Gocompare.com, stated that “Given the rising costs of motoring, we think that the new generation of telematics car insurance policies will play a key role in the car insurance market in the near future.”

Source:

http://news.gocompare.com/2012/03/telematics-car-insurance-set-to-be-a-pretty-big-deal/

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