Marmalade Insurance
Marmalade Insurance
Marmalade insurance,that specializes in car insurance for young drivers , reduced premiums by 17% for the four months to the end of July, against the trend of rising premiums Young persons car insurance.
AA Marmalade insurance said premiums for drivers aged 17 to 22 increased by an average of 80 % Marmalade car insurance over the past two years, while last Marmalade insurance/ Towers Watson car insurance index , which monitors more than 4 million citations , shows the average 17 - to 20 years and pay £ 4,006 per year for global coverage at a premium compared with an average cost of 858 pounds.
Simon Douglas ,Marmalade insurance director of AA Insurance , said: "Most young people can not get their head round why your first car insurance premium should be 10 times more than what you might pay for a pile But he just do with the extension.
Young persons car insurance potential damage to the irresponsible use can inflict. car accident injury claims entirely preventable 5 million pounds or Marmalade car insurance . "
Young Marmalade uses computer satellite technology or "black box" , which called Intelligent Marmalade insurance .
Marmalade car insurance Control driver behavior , such as braking and acceleration , speed and at what time of day the car is driven Marmalade insurance data are used to calculate premiums, plus the car is driven , the lower the premium and vice versa.
Nigel Lacy of Young Marmalade said a young man using Intelligent Marmalade average pay £ 2,601 for a global coverage ,Marmalade car insurance while a young woman will pay £ 1,642 per year.
After the black box has been installed for Marmalade insurance, the initial premiums are subject to 250 and 500 pounds , if technology increases indicate that the insured is a poor conductor . If this continues, Young persons car insurance terminate the contract.
Lacy said : "Marmalade insurance notoriously sector suffers insurance costs This is part of our ongoing commitment to youth conduct - safe driving and intelligent Marmalade has had a very positive impact on safety , drivers lie .. more vigilant and careful with the board " " black box " .
In 2006 ,Marmalade car insurance Norwich Union Marmalade insurance , now Aviva , launched two policies that use black box technology , but withdrew two years due to low adoption. This is partly because the technology was very expensive at the time, and partly because insurance for young cheaper .
Cooperative Marmalade car insurance says its policy outcomes of young drivers who are, on average , Marmalade insurance below 328 EUR competitors appointments, and 82% of premiums 17 - 25 years could save money.
Insured rated their driving every 90 days and receive a discount worth 11 % of the premium if they drive sensibly by Marmalade insurance.
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