The technology and design of automobiles nowadays has made huge forward advances over the years.
Vehicles are now focusing on fuel economy and their impact on the environment. However, it is technology that can be transferred in and out of the vehicle that could make a difference to how much you pay.
As we become more reliant on our vehicles for everyday life, many remain disillusioned as to the rising cost of their insurance premiums, and it is usually younger drivers who bear the brunt of the blame.
Due to the stigma attached to younger drivers, which usually associates them with offences such as joyriding and car theft, many are increasingly worried that their actions could have an effect on the world of car insurance.
With under-25s feeling the pinch when searching for car insurance, many feel they are being punished due to the actions of a small percentage that choose to commit auto offences.
However, could GPS technology hold the key to not only bring down crime levels amongst youngsters, but also help lower the cost of our insurance premiums?
With plans to introduce GPS technology into vehicles, and some insurance companies looking to branch out into ‘pay-as-you-drive’ policies, soon your driving habits could help contribute to the cost of your premium.
Indeed, several provinces in Canada have already put such a scheme into place, using GPS ankle bracelets in order to keep track of the worst offenders when it comes to automobile incidents.
Through the use of alert systems that are activated when the offender crosses into an ‘exclusion zone’, the authorities are able to keep tabs on where offenders are and where they should be.
By contacting them by use of mobile phones - also fitted with tracking devices - when they step outside their boundaries, the chances of intervention before they commit further crimes are increased.
And the technology appears to be having an effect - both on crime rates and car insurance premiums - in the provinces that the technology has been introduced to.
Tags: cars insurance, car insurance, insurance cars, carinsurance
Stumble it!
This entry was posted
on Sunday, May 18th, 2008 at 12:28 am and is filed under carinsurance, top car insurance.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
CarInsurance City
www CarInsurance City
GMAC Vehicle Insurance
Finding vehicle coverage is something everyone that uses a car is required to have, so you need cheap auto insurance. Yet, many individuals might end up spending too much for their car insurance coverage and they could never know that they are doing so. If you are a smart client, though, you know that finding [...]
Auto Insurance and Leasing Tips
Colorado auto insurance rate
When leasing a car, it?s easier to stick with the same company for your instant auto insurance quote. What you don?t know, however, is that you may end up paying too much for your coverage and it?s better to look elsewhere for lower rates.
When you lease, the vehicle that you will [...]
Antique Car Insurance What You Need
Antique Car Insurance
Even if you are restoring antique cars as a hobby these cars need to be insured to protect you against accidental damage when showing. With such interest in old cars you will not be surprised to learn there are antique car insurance companies that take a particular interest in insuring this type [...]
Looking For The Best Deal On Car Insurance
Looking for inexpensive automobile insurance it’s difficult nowadays to find discounts for all of the services you need in your everyday life. When it comes to purchasing automobile insurance, it is in your best interest to be aware of all of the places that can provide you with reasonably-priced insurance with excellent features.My ongoing quest [...]
Sports Car Insurance is Not Cheap
Sports Car Insurance
Owning a sports car has probably never been easier and who hasn’t dreamt of owning one, but they can be a little temperamental and this is often the reason why some people don’t bother buying one. Sports car insurance is a highly specialized area of auto insurance specifically dealing with high performance [...]
The Top 3 Ways to Save on Auto Insurance
Here are the best and quickest ways to save on car insurance: Obey the speed limit or at the very least stay within 8 miles per hour of the posted speed limit. I have a few cop friends and they have told me that they …
Finding a Texas Auto Insurance Policy Texas residents know [...]
Car rental insurance
HAMILTON, Bermuda—-Arch Capital Group Ltd. [NASDAQ: ACGL ] today announced that Michael Baxter will transition from his current role as President and Chief Agent of Arch Insurance Group s Canadian operations to become Worldwide Chief Underwriting Officer for Arch Insurance Group s Onshore Energy and CAR/EAR platforms.
Car-deer accidents most [...]
Cheap car insurances
Metro police are getting more help in fighting crime. Allstate Insurance gave police a new bait car. It is outfitted with advanced technology to catch car thieves in the act including live streaming audio and video.
Insurance company charges by the mile (KVUE-TV Austin) A revolutionary way to calculate car insurance coverage is being launched [...]
Do Women Get a Good Deal on Car Insurance?
Yet another car insurance provider has decided to offer exclusive policies for female drivers - but do these deals really offer better value? More Than car insurance has launched women driver’s insurance with special features designed for females including priority road assistance, a mobile phone locator, female friendly repairers, child car seat [...]
Cheapest car insurance
A new company called Milemeter is hoping to help people that are paying too much for car insurance by charging customers by the mile. It costs about three to five cents a mile.
New Colorado Car Insurance Law Drives Consumer Education (Insurance Journal) Starting this month, the mail and inboxes of Colorado drivers will begin [...]
Car insurance deals
Consumer 10 explains a little known and well-kept secret of the insurance industry and shows you how cleaning up your credit issues could save you cash.
Car insurance a must, third party at least (NZCity) 13 November 2008 The AA is urging budget-conscious motorists not to cancel their car insurance. It is receiving calls from [...]
The Top 3 Ways to Save on Auto Insurance
Here are the best and quickest ways to save on car insurance: Obey the speed limit or at the very least stay within 8 miles per hour of the posted speed limit. I have a few cop friends and they have told me that they …
What to Look For When Shopping For California Auto [...]
Car liability insurance
Leading car insurance intermediary Kwik-Fit Insurance is organising a week of awareness-raising activities for the 950-strong workforce.
Car thieves plague Fremantle (Perth Now) FREMANTLE is WA’s car theft capital and Holden Commodores are the prime targets, according to research by a leading insurance company.
Three men arrested for torching car, fraud (Appeal-Democrat) Three men [...]
Quick car insurance
FREMANTLE is WA’s car theft capital and Holden Commodores are the prime targets, according to research by a leading insurance company.
New Colorado Car Insurance Law Drives Consumer Education (Insurance Journal) Starting this month, the mail and inboxes of Colorado drivers will begin filling up with notices from their car insurance companies informing customers of [...]
Auto Insurance Companies - Willingness to Pay a Claim
Car insurance covers accidents so it can be priced vigorously for people who are willing to take the larger risk as to the condition of their car after an accident. Car safety is an issue that is here to stay. The best thing that we can to is to make sure that we are covered [...]
Best car insurance company
Drivers in Louisiana may soon be paying more for car insurance, thanks to a new state law that will raise the amount of coverage drivers are required to have.
N.J. dips to No. 2 for nation’s highest car insurance rates (The Star-Ledger) With average premiums at $1,152, Garden State cedes top spot to D.C.
Car [...]
Car rental insurance
Drivers in Louisiana may soon be paying more for car insurance, thanks to a new state law that will raise the amount of coverage drivers are required to have.
Texas company launches pay-by-the-mile car insurance (Austin American-Statesman) A Dallas-based company has begun offering Texans auto insurance by the mile.
N.J. dips to No. 2 for [...]
Young Driver Car Insurance - Secure Your Car and the Driver
While letting your young son or daughter drive your car you should get a young driver car insurance. Such insurance policies are generally costly and the premiums are high as the ratio of road accidents is high in case of the young drivers. If your child is brilliant in his studies and secures good grades [...]
Business car insurance
After years of having the second-highest auto insurance rates in the country, New York has dipped to No. 3, a new report shows.
Auto insurance (Bankrate.com) [...]
Car insurance quotations
Drivers in Louisiana may soon be paying more for car insurance, thanks to a new state law that will raise the amount of coverage drivers are required to have.
Buying Title Insurance Online Could Save Money (Fox News) This past fall, EnTitle Insurance, the Cleveland, Ohio title insurance company, launched Entitle Direct, an online service [...]
