We can control our household appliances, central heating and lights in our home through our smart phones, so no surprise that technology is now being used in cars to help monitor our driving.
Millions of cars globally now have a ‘Black Box’ as more drivers choose telematic insurance policies.
The ‘Black Box’ will potentially save insurance companies billions in losses each year, monitoring speed, acceleration, braking and helping insurance companies to weed out fraudulent claims. USA and UK being the counties which are favouring the ‘Black Box’ more than any another countries, but as the dodgy car insurance claims spread into each country there will be without doubt more countries adopting telematic insurance policies.
The black box’s record and then supply data which can be analysed giving insurance companies a full understanding of a crash, even if only one car has a black box installed.