Black Box Insurance in Ireland: All You Need to Know
You’re a young driver in Ireland looking for your first car insurance, you’ve heard about the mysterious black box and probably wondered: what is it all about? No worries, we’ll explain it below and try to help you decide whether this is a good option for you to lower your premium. If you’re in hurry today and don’t have time to read, just request a car insurance quote from us!
What is a black box or telematics?
In cars, a black box or telematics is a technical device that allows the sharing of driving information through wireless technology. The black box, once installed, simply facilitates data collection about the vehicle that’s being monitored. The insurance providers using the black box technology in Ireland are collecting and analyzing the vehicle data to have a better understanding of the young driver they insured.
This system allows car insurers to analyze your driving patterns, accidents, and history and, based on statistics they can reduce the cost of your premium. The way this works is that instead of getting a quote based on the statistical risks of the general population, you will get one on individual basis and risks.
Black box and car insurance in Ireland
The little black box isn’t just used for airplanes, it’s also a useful device for young drivers in Ireland when it comes to saving on their car insurance premium. The black box is generally provided by your insurance broker, it will be fitted in your car in a less visible place and its size is no larger than a smartphone.
Once fitted by an expert, it starts recording data regarding your driving patterns. You have access to the information as well, as the system will notify you on your driving by email or text monthly. All the black box data is recorded and stored by your car insurance provider in Ireland, who then uses the information when calculating the price of your insurance renewal.
So basically, telematics or black box work as a data-based no claims bonus on your car insurance. Telematics is a safety technology that records information on your driving, identifying unsafe behaviors such as harsh braking, speeding, and seatbelt usage to remind you of how you can improve on these areas. Many insurers will offer low-cost young driver insurance with a black box fitted in their cars because they can reduce the risk of road accidents.
What exactly gets monitored?
Most commonly in Ireland, young drivers who opted for black box car insurance will be monitored on:
- acceleration and braking patterns
- average driving speed
- monthly distance and driving time.
If you want to find out more about the wide range of applications that black boxes or in-vehicle data recorders have, you can visit the Road Safety section of the European Commission website or this article on beneficial effects on Motorcheck.ie.