Co -op Car Insurance for Young Drivers - The Smartbox - June 2011

This regularly updated section of the HomeApproved web site will cover the latest trends, research, opinion and developments in the UK car insurance sector. 

Co Op Insurance Car - Young Driver Smartbox Technology
Their seems to be an overwhelming number of articles and comment recently on the use of technology in cars to make them safer, faster, more child friendly etc., etc.

However one recent introduction from the Co-operative particularly caught our eye. We all know of the ridiculous quotes now coming through for many Young Driver Car Insurance policies. The team over at Co Op Insurance car have come up with an intriguing 'smartbox' technology system so that careful young drivers can obtain a motor policy related to how safely they drive - 'pay-how-you-drive'.

This innovative young driver insurance, featuring Smartbox is a fairer option for the whole family. The young driver is rewarded for simply driving more safely. In addition if an adult member of the same family also takes out this policy they will also be reward for driving more safely.

the extremely clever little gizmo is fitted as standard when the driver takes out his policy. It works like a satnav to track driving behaviour in the insured car to calculate the Safer Driving Discount applicable. Put simply, the safer the driving, the lower the premium - meaning the driver will save money on their next payment!

ENDS