Black box car insurance: what it is and how it works

If you're looking for a quick way to save money on your car insurance policy, you should know that the solution is truly within reach. In recent years, black box car insurance has emerged on the market, offering customers practical and cost-effective benefits.

Save on car insurance by installing the black box

Let's start with an important clarification: telematic car insurance is not binding and does not exclude the possibility of changing policies. If you subscribe to it, you must install a black box on your vehicle.
This device, equipped with a built-in GPS detector, allows you to record a multitude of data related to the driver's behavior, including accidents they have been involved in. The black box can be installed on any type of vehicle within 15 days of the policy stipulation and is recommended by insurance companies, in exchange for substantial discounts on the insurance premium, to combat fraud and lower the price of the premium. The reason? A considerable simplification of accident investigations and their responsibilities.

Black box insurance: advantages and disadvantages

Using telematics car insurance makes it easier to locate your car in the event of theft or accident. Tracking can also continue online, using the vehicle's data, with a personal password. The black box doesn't damage the car's appearance, doesn't complicate the driver's life, and is recommended for its ability to simplify claims settlement.

Despite its ability to determine the actual behavior of drivers involved in accidents, several objections oppose its use. Everything, in fact, revolves around the notion of privacy. Although the insurance company has access to certain data related to speed or the severity of the impact in the event of an accident, and checks general data (annual mileage, average speed, route) in the absence of claims, many drivers do not appreciate the presence of a constantly vigilant eye.

Opponents of this technological innovation criticize this annoying intrusion into the personal sphere, due to the continuous monitoring of movements . Furthermore, among the cons, we can also mention the increase in the premium from the second year of the contract, when the discount related to the installation is lost and there is a risk of exceeding the limit of covered kilometers. Once you have weighed these variables, resort to the most appropriate car insurance for you by comparing the best on the market.