UK insurance provider Intelligent Marmalade, has published new research that shows more than 50% of drivers are prepared to switch to an insurance policy linked to black box driver monitoring.
“We have seen significant improvements in driver behaviour since the introduction of our ‘orange box’ technology,” said Young Marmalade MD Crispin Moger. The orange box system allows young motorists to prove that they are good drivers but can also cause increased premiums if drivers act unsafely, something which apparently happens in around 3% of cases.
The new study found 57% of young drivers are prepared to switch to this type of premium calculation in the future. The study also showed that 92% of drivers believed that ability and track record, rather than age or gender, should determine how much a person pays for their insurance. Almost 66% of the drivers surveyed aged over 55 said they were considering a move to such a policy.