Is Black Box Insurance Right for You?

Compare car insurance quotes

  • done Compare 110+ providers
  • done You could save up to £504*
  • done Get personalised quotes in minutes

Don’t have your registration number? No problem, click here.

Is Black Box Insurance Right for You?

What is car insurance?

Having car insurance ensures you are covered financially if the worst were to happen to your car. Such incidents could involve damage from an accident, theft, vandalisation and fire damage. Car insurance means you won't have to dig into your pocket to pay for potentially huge repair or replacement costs.

Car insurance is a legal requirement for cars driving on public roads. You will be heavily penalised if you are found to be driving without insurance. The minimum level of coverage you must legally have is third-party car insurance. Third-party insurance covers the damage to another person's car, for example, in a collision accident, but provides limited cover for your vehicle.

Quotes from over 110 top UK insurance providers

How much does car insurance cost?

Car insurance is either made up of an annual or monthly premium. Annual premiums are paid in a single lump sum when a policy is purchased; monthly premiums require a deposit and a monthly direct debit. Many factors come into play that will affect the cost of your car insurance. It needn't cost the earth when you take the time to compare premiums.

Why compare with Insuro?

Black box insurance, also commonly called telematics insurance, is a relatively new concept particularly suitable for drivers who have not yet developed a record of safe and careful driving and who want to reduce their premiums immediately and see a significant reduction in following years. It also pays real dividends for careful drivers as a whole.
Undergoing initial UK trials in 2005, black box insurance immediately showed that for those willing to take it up it could bring about serious reductions – young drivers who signed up for it are on average 20% less accident prone on the road, and that level of risk reduction is something insurance companies look on very favourably.

What Does the Black Box Do?

So what is black box insurance? A ‘black box’, named for the equipment attached to aircraft that gathers performance data, is affixed to your car containing telematics equipment, including GPS and wireless broadcast gear. This allows a remote service to track your position over time, monitoring things like your speed and the smoothness of your turns, as well as any tendencies toward high acceleration or heavy braking.
With this pattern of behaviour established and analysed, your premiums can be adjusted in subsequent years based on far more accurate data that is available otherwise. For the insurance company, the advantage of this is obvious – but it’s also just as obvious for you if you’re confident in your safety as a driver.

How Insurance Companies Use This Information

They begin by reducing your premium slightly as a reward for being willing to put your driving to the test; safe driving, year on year, then reduces your premiums further as their analysis of your behaviour mounts up.
You might even find that if you are in an accident, and it’s demonstrably not your fault, the cost to your next premium isn’t nearly as high as it would be otherwise – the black box will show you were behaving safely at the time, after all, putting the blame squarely where it belongs – the other driver – with cold hard facts to back it up.
That kind of safety from unfairly assigned costs is a selling point for the system on its own. The fact that the black box is compact, lightweight, and can be fitted out of sight in less than an hour by a qualified technician means that there are even fewer drawbacks.

Black Box Insurance and You

If you’re wondering whether or not to go with black box insurance, help is at hand from Insuro. Spend a while browsing comparison quotes using our quote comparison tool (provided by quotezone) with black box insurance factored in, and then compare them to the quotes you’ll get without it.
Weighing the two up against one another will easily tell you whether or not this is a good avenue to explore or not. Make sure to select the cheapest packages that cover your needs in both cases, to ensure that it’s a fair test! If you decide against black box car insurance then you may want to search for car insurance without a black box.


Car Insurance 2024 – 5 Current Trends To Get A Better Deal

Car Insurance 2024 – What You Need To Know Securing an advantageous car insurance deal continues to be challenging. This blog explores current trends that can make your car insurance in 2024 offer better value for money. In this article, you will discover: The rise of electric and hybrid vehicles in insurance considerations. 2024’s most […]

National Highways Red X

What is the “National Highways Red X?” In the UK, “National Highways Red X” is a term used on smart motorways to indicate lane closure. Red Xs are displayed on overhead gantries and signal drivers that the lane is closed and should not be used. The red Xs are used to increase safety and manage […]

Insuring a modified car

So, you’ve bought a second-hand car and are ready to compare car insurance to get the best possible deal. But do you know how many modifications your new car has? A recent study showed that only 1.7 per cent of drivers declare modifications on their vehicles. This could be intentional or simply because people aren’t […]