Young Marmalade, the young driver car insurance company, are promising to half the cost of young driver car insurance by introducing a new scheme that uses an electronic 'black box' to assess how safely the insured car is being driven. Of course if the black box shows evidence of hard accelerating, harsh braking, speeding and even aggressive cornering then the monthly premium will rise significantly, however if the car is driven in a safe and controlled manner the cost of insuring the car will be significantly cheaper than standard insurance.
The technology behind the system seems rather impressive. The black box scores the driver out of 100, and a head-up display allows the driver to see how 'safely' they are driving. The black box even has the ability to disable the car if it considers that the car is being driven dangerously.
With the cost of driving, especially for young drivers, seemingly always on the rise this system has the potential to be quite asuccess. The average young driver can expect to pay around £1,100 for their third party car insurance. The AA report that this cost has risen 13% in the last three months alone.
For tips on reducing your car insurance costs see'
http://www.driving-test-success.com/passed/car_insurance.html
