Product Description
Coverbox car insurance is a comprehensive car insurance which is unique in how it calculates your monthly premium. The cost for Coverbox car insurance is based on the number of miles that you drive and the time of day that you do the driving. The cost of the insurance can be adjusted up or down based on whether the forecasted amount of miles is exceeded or not reached. Coverbox insurance records the amount of miles driven and the time of day the car is driven by a small device which is mounted within the car. A special feature of the installed device is its ability to act as a gps system in the event the car is stolen. Simply notifying the police the car has been stolen will initiate a search for the car. The presence of the gps-like device will make it much easier to relocate the car which has been stolen.
GPS Considerations
The small device can be easily installed at home or work in about 45 minutes. The cost for installation is an affordable 50 pounds. Even though the device does not have a low battery indicator, it does have the ability to provide incident alerts. For those checking online, the device provides online driving reports, which will be useful in checking on the amount of miles the car has been driven. No claims discount is another reason Coverbox car insurance is an attractive option for your car insurance cover. A log book is not required when being considered for discounts.
Benefit on Comprehensive Cover
Features within the comprehensive cover include: theft tracking, providing a courtesy car when needed, and windscreen cover. A deposit of 30% is required. Also, the APR in installment payments is slightly more than 21%. Personal accident cover and the personal effects cover are on the low end when compared with others at 5,000 and 100 pounds, respectively. Medical expenses cover is competitive with others at 200 pounds. When compared with others, Coverbox carries an additional charge when comprehensive coverage abroad is sought. Third party cover is not the only option available when considering Coverbox car insurance. Electronic documents are also not available. Coverbox car insurance can be purchased conveniently online and provides telephone support after the sale. For those drivers who are planning on doing driving outside the hours of during rush hour, Coverbox car insurance could be exactly what you are looking for. Coverbox car insurance offers a lower cost if a driver forecasts doing a lot of driving during the day which is not during rush hour. A UK broker owns the Coverbox brand, so the driver can expect a wide range of choices when it comes to which company ultimately covers them.
Optional Extras
Optional cover is available for those who want to drive with additional security while they are behind the wheel. Additional cover is available sometimes, but not all the time. When additional cover is an option to any insurance plan, study all of it carefully. These options are laid out for drivers to consider because everyone is different and everyone will have slightly different driving needs. The car insurance budget for everyone is also something which will constantly vary. Not only will the needs of drivers constantly change, the budget of drivers will also change. For those who are concerned with being stranded out on the road, Coverbox offers breakdown cover as an add-on option for 60 pounds. For an additional 12 pounds, key care can be added to the policy. While legal cover is included but considered an add-on, gadget cover can also be added for 18 pounds.
Policy Fees
With some insurance policies, an additional charge is required for driving after the predetermined curfew time. That is not the case with Coverbox car insurance. There is however, a cancellation charge if it takes place within the cooling off period. That charge is 22 to 36 pounds. The cancellation charge outside the cooling off period is significantly higher at 120 pounds. In order to go through the process of changing the vehicle which is insured, it will cost 90 pounds during the first year and 39 pounds in each subsequent year. Aside from any change in vehicle coverage, midterm adjustments come at the price of 20 pounds each. A duplicate document request will cost 20 pounds, which is comparable to other insurance covers. The installation appointment is important and the penalty for failure to show up to this meeting is not cheap. The cost for missing the appointment is 45 pounds. Lastly, the penalty for a gps removal by the policy holder should not be done without a great deal of thought. The cost of removing the device from the car is 90 pounds.
Summary
The Coverbox insurance product is advantageous to those drivers who are low mileage and spend their time behind the wheel during the day. Another attractive feature is the tracker which is installed in the car. The tracker is a gps-enabled device which could truly come in handy if the car happens to be stolen. Also, the device records the amount of miles which have been driven. An added feature the Coverbox insurance plan brings with it is the ability to hop online at any time and check the status of the car being driven. The small, mobile-phone size device records miles driven and time of day the car has been driven.
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