Choosing the Right Car InsuranceWhen you drive a car, it is a legal requirement to get insurance so that, if you get into an accident, you are covered. But it’s not enough for just the car to be insured: you yourself need to be insured to drive the car, too.
This insurance also protects anyone else you get into an accident with. However, knowing exactly what sort of insurance out there is important, since there are many different types and you need to know what sort is best for you.
If you do not have insurance, you will get a minimum of 6 points on your licence which, if you are under the New Driver’s Act, will cause you to have your licence taken away. This means it is absolutely essential to get insurance and always be insured when you are driving, even for the shortest journeys. And even to park on a public road the vehicle must be insured.
You need to shop around and check what you are getting for your money. A lot of insurance can be very pricey, especially for bigger cars, and you need to make sure that you are getting the right sort of coverage when you pay for your insurance. Remember that there are types of insurance that include 3rd Party, Fire and Theft, Fully Comprehensive insurance. Think about how you use your car and what you use it for before deciding exactly what insurance you want.
Perhaps a telematics based or “Black Box” insurance would better suit your needs. With this type of motor insurance policy you will have a telematics box fitted to your car with the telematics box showing you and your insurer your driving behaviours. This can vary depending on the insurer and may generate feedback with the aim to promote safer driving. You can usually view your driving behaviour feedback at any time within an online account or via an app on your mobile phone.
Each insurer is different, some measure your driving which may result in rewards or penalties throughout the term of your policy. This could mean you may be rewarded with extra miles for demonstrating good driving behaviours or have to pay an additional premium if you have demonstrated poor driving.
Whereas some insurers don’t penalise or reward you during the term of your policy, instead they consider your driving over the year and produce a renewal based on how you have driven. If you have driven well this may reduce the cost of your insurance at renewal. It’s worth checking the terms and conditions of each insurer before deciding as they can vary, for example some insurers can have curfews on when you can’t drive and restrictions on the number of miles you can drive in a month.
If your car is stolen your box could enable your insurer to track its location and if you are involved in an accident some insurers try and contact you to see if you need assistance.
Collingwood Young Drivers provides telematics box insurance for young drivers, which has no curfews and no monthly restrictions on miles. For more information you can visit