Cobra as a key telematics supplier has welcomed the
Parliamentary Transport Committee's report on the cost of motor
insurance, in particular the idea that the driver rather than the
car should be insured.
The technology to reduce casualty rates of young drivers,
another key recommendation of the Transport Committee report is
already available and can be rolled out by the insurance industry
within months.
Year after year the same problems are being discussed such as
the growing number of personal injury claims and the rising young
driver casualties, all of which cause premiums to rise.
Cobra already supplies telematics technology which can reduce
accidents across all private and professional drivers, at the same
time as improving standards of driving - even helping reduce peak
time congestion on the UK's roads.
One key Government focus is to reduce the casualty rate of young
drivers, in particular publicising the technology available to
assess how a car is driven.
Pay how you drive insurance is a way of tempering a young
driver's behaviour at the wheel that doesn't restrict their
mobility. Cobra telematics technology is ready for insurance
companies to adopt this approach and it could have an immediate
impact on reducing the number of accidents caused by young
drivers.
Cobra already provides a telematics solution used by
the Co-Operative to power its Young Driver Insurance.
Email info@cobratelematics.com
to find out more