Some people have called the young driver insurance market ‘broken'. If it is, what’s wrong with it and what can be done to fix it?
What is it that makes so many policies unsuitable?
There are many answers to this question. More than we have room for here. But it is possible to provide a brief list of some of the things that make car insurance a distinct problem for new and young drivers:
- The price – This is the most obvious one, but when the cost of cover is – as is the case for many young drivers – similar to the price you’re paying for a car it's an indication that something isn't quite right.
- Feeling unwelcome – Many young drivers report that they feel like a hindrance to insurers and often feel that they're tarred with the same brush as young 'boy racers' who are a distinct risk on the roads
- Which policy? – While black box insurance has been a real advantage to the young driver car insurance market, some customers are confused about which sort of telematics policy they are getting. Suddenly they can find themselves receiving penalties, being under driving curfews and having mileage restrictions placed upon them, all because they wanted to save some money at the outset.<l/i>
Coverbox – simple, effective and intelligent telematics car insurance
Young driver insurance with the following features:
- Affordability – You could save money by choosing Coverbox.
- Penalty-free – No automatic penalties, ever.
- Freedom – There are no curfews and no restrictions. You go where you want, when you want. All you have to do is drive.
- Empowerment – With Coverbox you are given access to a Dashboard facility which shows you your driving data. You can access it at anytime and we'll give you weekly updates via email so you can see how well (or badly) you're driving. Perhaps you'll learn something about yourself and your driving. You can see the times of day you travel most, the types of road you use most frequently, and your driving score, which considers the speeds you drive at and whether you brake harshly or accelerate aggressively. If you’re driving dangerously or outside the law – we’ll let you know so you can address any issues.
The future of cheaper young driver car insurance is here because we use telematics to help simplify claims, reduce costs and help you stay safe while you drive.
Try the benefits of Coverbox by getting a quote today.