Car insurance is a requirement for driving the roads of the UK. Everyone must own a driver licence and there are no exceptions. The law has been on the books for some time and drivers now simply follow the natural progression after receiving a licence. A driver typically receives their licence and already has their eye on a car to call their own. Car cover is picked out and off they go.
Traditional car insurance made the process simple, but after receiving the cover, the driver was literally paying premiums and then waiting for a car crash to occur. That is simply not the thought process of an owner of a telematics pay as you drive car insurance policy. The driver knows that the car insurance is working for them at all times and not just when a car crash has occurred.
Telematics insures it is doing the most for its drivers by monitoring their driving habits at all times they are behind the wheel. This is the most effective way to focus on safety and how much a driver is making it a priority when they drive.
A small mounted device is installed into the insured car which is responsible for monitoring driving habits. Habits like speeding, braking and cornering are monitored with the assistance of the small mounted device.
The insurer retrieves the data collected by the small device and is able to evaluate it for the presence of safety. When safety is being displayed by the driver they become eligible to receive rewards from the insurer. These rewards are quite valuable to any driver due to their ability to cut cost.