UK sees 40% rise in black box telematics car insurance policies

Close to half a million motorists in the UK now have a telematics box fitted in their car as part of their insurance policy

Car insurance comparison sites

The number of motorists choosing an insurance policy that includes a telematics device to monitor their driving has risen by 40 per cent in the last year alone, a new study by the British Insurance Broker’s Association (BIBA) reveals.

There are now almost 455,000 drivers in the UK with a telematics 'black box' fitted in their car, compared to 323,000 motorists at the end of 2014. The ‘Big Brother ‘ insurance policy is becoming an increasingly popular choice for motorists, especially young drivers, with many seeing savings of up to 25 per cent on their insurance premiums. As a result, the number of motorists with a black box fitted in their car has soared from 12,000 in 2009 to over 450,000 today. 

Best car insurance companies 2015

The black box device is fitted by the insurer and monitors things like speed, acceleration, braking and the time of the journey whilst driving and builds a risk profile based on the results. The safest and most careful drivers will receive discounts on their policy.

Graeme Trudgill, Executive Director at BIBA, said: “Telematics is becoming the motor insurance solution of choice among young drivers as they can take control of their own premiums by electing to have their driving behaviour monitored. Industry statistics show there is a 40% drop in crash risk when a new driver has a telematics policy. Telematics equipment also helps reduce theft claims, many doubling as vehicle tracker devices.”

Cheapest cars to insure

He added: “We are delighted to see these figures increasing, the benefits of a greater take-up of telematics technology are many: more affordable premiums, safer roads, reduced uninsured driving and increase personal safely because some even operate as  breakdown locator.”

Would you consider having a black box fitted to your car? Let us know in the comments section below...

Recommended

UK child car seat, booster seat and baby seat laws explained
Child seat booster seat car seat
Consumer news

UK child car seat, booster seat and baby seat laws explained

Detailed info on latest baby seat and child seat regulations, plus when it’s OK to use a booster seat
24 Mar 2021
8,800 drivers on UK roads with 12 points
Driver with second highest points doesn't have licence
News

8,800 drivers on UK roads with 12 points

There are currently 8,800 drivers in the UK still driving despite having enough penalty points to trigger an automatic ban
9 Mar 2021
VED road tax: how much does it cost?
car tax calculator
Consumer news

VED road tax: how much does it cost?

Confused by VED road tax? Our comprehensive guide explains how much you'll pay on your next car
4 Mar 2021
Budget 2021: Fuel duty frozen for 11th consecutive year
News

Budget 2021: Fuel duty frozen for 11th consecutive year

Chancellor scraps plan to increase fuel duty in bid to keep cost of living down during ongoing Covid-19 pandemic 
3 Mar 2021

Most Popular

'Nissan has been quietly building an advantage over electric car rivals'
Opinion Nissan EV
Nissan

'Nissan has been quietly building an advantage over electric car rivals'

Steve Fowler thinks Nissan is in a great position to build on the Leaf's success
8 Apr 2021
Nissan to launch new Juke-sized electric car
Nissan Juke EV - front (watermarked)
Nissan Juke

Nissan to launch new Juke-sized electric car

The new Nissan Juke-sized electric car will sit below the Ariya, and our exclusive images preview how it could look
8 Apr 2021
New 2021 Citroen C5 teased ahead of reveal on 12 April
Citroen C5 2021
Citroen C5

New 2021 Citroen C5 teased ahead of reveal on 12 April

New flagship Citroen C5 model will make its debut next week, sporting a bold new look
8 Apr 2021