They're actually a new initiative provided by the 1 insurance company, fitted to cars owned by young drivers. The data indicates your driving style in an attempt to bring car insurance down for more responsible young drivers. There's even an online dashboard to track your own info.
It's actually been well received especially since normal yearly insurance costs for teenage boys can be 3x the price of your first car!!!
I think the box is a fine idea - without the GPS. GPS speed limit data is wrong often enough in any case; IMO decent accelerometer data should be more than enough to correlate to aggressive driving.
I think GPS is ok, as long as you have access to your own data. Another good side effect is that the smartbox monitored cars also have a rear window sticker to say "I'm driving responsibly & saving money on my insurance" Initially it was a promotional tool but now it is actually helping stop car thefts as theives are less likely to target a car they know is GPS tracked!
They're actually a new initiative provided by the 1 insurance company, fitted to cars owned by young drivers. The data indicates your driving style in an attempt to bring car insurance down for more responsible young drivers. There's even an online dashboard to track your own info.
It's actually been well received especially since normal yearly insurance costs for teenage boys can be 3x the price of your first car!!!
http://www.co-operativeinsurance.co.uk/servlet/Satellite/128...