'Black box' insurance cuts accidents by 20%

Updated

AP Photo/Carrie Osgood

The Co-operative Insurance has found that those with telematics or 'black box' insurance are 20 per cent less likely to have a car crash than those with standard insurance.


The analysis of 10,000 young driver claims saw car crashes drop by a fifth thanks to the insurance scheme, and the cost of insurance for younger drivers nearly halved with the new technology.

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