Laurie Ross Insurance have partnered with LV= Insurance to provide our customers with a telematics option. Call us for a quote today!
What is Telematics?
Telematics is a way to measure your driving; a black box or mobile phone app monitors how fast you drive, how quickly you brake and whether you’re generally a safe driver.
Sometimes known as black box car insurance, GPS car insurance or smartbox insurance, telematics is a way for some car insurance companies to see how ‘risky’ you are as a driver. The information can be used to give you an insurance quote, with a price that reflects your driving style, meaning good drivers will benefit from reduced premiums.
Telematics aims to help those in high-risk groups, such as:
- young drivers
- inexperienced drivers
- new drivers
- less frequent drivers with low mileage
How does it work?
There are three options:
Mobile phone app – An app you download onto your smartphone
Telematics black box – A small black box fitted inside your car
Plug in box – Fitted to your On Board Diagnostic port (OBD)
All three monitor your driving habits, enabling the insurer to either adjust your premium accordingly, or offer you incentives for what is perceived as safe driving.
What is monitored through a telematics device?
It does vary depending on which insurer you use. Typically the following factors are monitored:
- Number of miles driven
- Time of day that the car is used
- Areas that you drive through
- Driving technique, including maximum speed
- How quickly you brake
- How you take corners
Speak us if you would like more information on Telematics Insurance