Additional Telematics Insurance Product Released
Car insurance comparison site Tiger.co.uk has announced that it will be adding a new insurance product from existing partner insurethebox to its offering.
Tiger.co.uk has added to its ever-increasing motor insurance panel with an additional product from leading telematics brand, insurethebox.
insurethebox are specialists in telematics-based motor insurance, which is targeted at drivers who believe they can reduce their premiums by driving safely on the roads. This can be of specific interest to those seeking cheap insurance for young drivers, who have traditionally been those with the worst driving record and, consequently, the highest premiums.
The new product from insurethebox will return car insurance quotes for drivers with an annual mileage of 8,000 miles. The brand has previously only been able to offer a product to motorists with a base mileage of 6,000 miles, and as such, this move should enable more Tiger.co.uk shoppers to qualify for the potential savings offered by the brand.
With insurance premiums on the increase again in 2012 it is very likely that telematics-based insurance products will become more and more popular. Those looking for young driver car insurance and drivers with low annual mileage are already key prospects for this type of insurance and the increases in womens' motor insurance prices likely to result from the EU Gender Directive means that women drivers are likely to become another interested audience. Furthermore, the information that can be taken from these devices is not only useful to drivers wanting to manage the cost of their premiums but could also be used to remedy the issue of inflation in the longer term by providing more data on fraudulent claims.
Andrew Goulborn, Commercial Director at Tiger.co.uk commented: “We are really pleased to be introducing another product to the site from insurethebox. insurethebox has been a key driver in the growth in sales of telematics-based polices we have witnessed on the site recently and with the introduction of this new higher mileage product this is set to grow even further!”
Already a strong brand for young drivers car insurance, Tiger.co.uk already has over one hundred and fifty motor insurance brands on its comparison panels, together with a growing reputation for accessibility, accuracy and ease of use.