Insurance For those whose vehicles are in the highest car insurance groups, finding ways to cut down on insurance costs can be difficult. Premiums have been rising steadily for years now, making the amount you pay in insurance almost as important a consideration as the type of car you buy. While the cheapest option is to always opt for a car in the lowest group, such as small city cars, these groups are just not practical for everybody, especially those with large families or those who drive often and dont want to be stuck in a tiny, confined space for hours at a time. For these people, reducing the cost of their insurance may best be done by signing up for a black box insurance policy. A black box policy will help cut costs dramatically, sometimes by a third, and, furthermore, will help ensure you are driving safely and carefully. We will look at what a black box policy is, and how you can use it to spend less on your insurance premiums. What is a black box? We have all heard of black boxes on airplanes: they provide vital information to crash investigators who are trying to determine the cause of an accident. Black boxes for cars work in much the same way, but instead of figuring out why a crash happened, these devices help you prevent a crash from occurring in the first place. A black box is a telemetry device that records your speed, acceleration, braking, cornering, and the time of day you are driving. This information is sent to your insurance provider who then uses it to assess whether you are at a higher risk for an accident. How do black boxes lower premiums? Because your insurance provider can tell if you are driving carefully or not, they can better assess whether you should be paying higher or lower premiums for your car. Because you have a real time motivation to drive safely, it means you are far more likely to mind the way you drive much more so than you would with other insurance policies. If you drive at certain times of the day, and exhibit driving behaviour that insurance groups see as making you less of a risk for making a claim, then you will receive a lower premium or discounts on your current premium. Black box technology is the perfect way to lower costs, and ensure the roads are safer to drive on. Who would most benefit from a black box policy? Black box policies are not for everyone. If you are middle-aged and have a good driving record, you are probably already paying lower premiums than you could get with a black box policy. For other people, however, a black box policy is ideal. Young people, especially, could particularly benefit from a black box policy, especially since insurance policies for young people are often exorbitantly high or unavailable altogether. Older drivers, as well, who have a good driving record, but now drive infrequently, could find their premiums lowered substantially with a black box policy. Finally, insurance groups are ranked not only on how safe or dangerous a particular car is, but on how expensive they are to repair. Thus, niche and high end cars often fall into the highest group. This system can be particularly disadvantageous to people who have these cars as collectibles, but dont drive them very often (and when they do, are very, very careful not to crash them). With a black box policy, they can cut their insurance premiums drastically. Also, black box policies are great if you have made a recent claim and have had your premiums go up as a result. A black box can help show to an insurance provider that you are actually a safe driver and can thus bring down those premiums faster than they would be brought down with a traditional insurance policy. For these whose cars are in the highest car insurance groups, finding ways to cut premiums is a pressing need. With a black box policy your insurance provider can rest assured that you are actually at less of a risk for making a claim than your insurance group would otherwise suggest. Because it .bines money savings with incentives for safe driving, a black box policy is the ideal choice for many drivers. About the Author: 相关的主题文章: