Autosaint car insurance is a telematics based car insurance that is geared toward young drivers. The company boasts that they not only provide competitive car insurance policy costs to young drivers but the use of their car insurance product helps a young driver to improve their driving skills which will continue to help them save on car insurance costs. Because the car insurance product uses a telematics GPS or black box to gather data on the driver’s habits and skills on the road, the driver can by following safe driving habits put control of the cost of car insurance into their own hands. This is an amazing opportunity for young drivers who are traditionally facing high cost premiums.
Product DescriptionAutosaint car insurance uses a GPS device to gather data on the driver. The data is used to determine risk for insuring the young driver. Installation of the GPS device is covered by the purchase of a policy and is handled by Halfords Autocentres. Once a policy is purchased there is an email issued to the newly insured young driver on what steps to take to get the telematics box installed into the car’s dashboard. It is a quick process and does not require any modification to the car which means that the warranty on the car is not compromised in any way. The installation must occur within 14 days of the beginning date of the car insurance policy.
Once installed the GPS smart box begins to gather data on the habits and skills of the young driver. The data items that will be analyzed to determine risk for insuring are:
- Speeding
- Aggressive Acceleration
- Aggressive Braking
- Mileage
- Time of Driving
- Location of driving
- Fast Cornering
- Theft Tracking
- G-Force Impact (when involved in an accident)
If safe driving skills are used in regard to these items then there are discounts awarded to a driver, however if there are unsafe driving skills then there is less of an opportunity for a discount. Everyday a driver begins with 100 points and unsafe driving skills reduce the score. After three months an average score determines the next quarter’s premium costs.
A unique feature of Autosaint car insurance for young drivers is that they offer a competitive discount on their car insurance policies from the point that it is purchased. They immediately offer a discount to a young driver. Then the safe practice driving of the young driver will determine whether they pay more the next quarter, they pay the same discount, or they have achieved a further discount. After one year the policy offers a no claims discount as well as a possible further 25 per cent discount on the premium.
Autosaint is proud of their real-time data monitoring online. This allows a driver to monitor the data from their driving online in an easy to use and read dashboard. Where the driver can improve their driving skills Autosaint gives suggestions. Through viewing this dashboard a driver could improve their skills and habits by having feedback and suggestions as to how to improve their driving.
This car insurance product like many telematics car insurance products geared towards young drivers penalizes a driver for having the car on the road during peak accident hours of 11 PM to 5 AM. This is a time when drivers are most likely to have an accident. Combine the most prone time for an accident with the most likely group of drivers to have an accident and the odds are great there will be a claim for the insurance provider. Therefore they penalize a driver that takes to the road at these times £100 each time, without question. In the event a young driver must travel they suggest asking a parent or adult to drive them or to take a taxi to their destination.
GPS ConsiderationsSince the Autosaint insurance product uses the professional installation services of Halfords Autocentres the driver can be assured the Autosaint box is installed quickly, professionally, and will work correctly. It is usable on most makes and models of cars and installation requires no modification to the car itself. While there is no initial cost to install the GPS unit there is a fee to remove the unit or to move it to another car. If the appointment to install the unit is missed there is a fee that is added to the policy.
Benefit on Comprehensive CoverThe comprehensive coverage of the Autosaint car insurance for young drivers can offer tracking of the car through the GPS unit in the event of theft. The policy gives the opportunity to monitor real time data from the unit so that a driver can adjust their driving skills and habits to be a safer driver.
SummaryAutosaint telematics car insurance strives to help a driver become a safer driver though the monitoring of their own skills and habits behind the wheel. Since they offer a competitive discount at the first purchase of their insurance, a driver is motivated to keep the discount through safe driving habits. Young drivers can benefit by this insurance product not only in the financial savings realized but by the push the product has in helping a young driver to make safe driving decisions. Following the guidelines provided and adhering to the requirements to avoid driving during peak accident hours in the late evening, a driver can keep immediate discounts in their policy costs but can after one year achieve more.