Black Box Car Insurance: The Pros and Cons
Finding affordable car insurance is no mean feat – particularly if you’re a new driver.
There are numerous ways in which you can start to nudge that pricey car insurance premium down to a more reasonable price, but taking out a black box – or telematics – car insurance policy is one of the most effective.
What is black box insurance and how does it work?
Black box insurance works by having a black box fitted to your vehicle that monitors various aspects of your driving in order to provide you with a car insurance premium that is better suited to the level of risk when you’re behind the wheel.
These metrics include:
- Distance and mileage
- Time of travel
By allowing your insurer access to this information, you are giving them the opportunity to provide you with a price on your quality of driving, rather than one based on a stereotype.
But while telematics insurance can bring your costs down, it also has some limitations.
Let’s take a look at some of the black box car insurance pros and cons...
Telematics insurance PROS:
The CONS of black box insurance:
So, is black box insurance good?
If you consider yourself a dab hand behind the wheel, black box insurance could make your insurance cheaper. The pros and cons of having a black box (or telematics) in your car can vary depending on your lifestyle, but for most drivers it is certainly something worth considering.
If you want to read up a bit more on black box insurance and whether it could make your insurance cheaper, take a look at our guide to black box car insurance, or get a free, bespoke quote below!