The largest insurer in the UK, Norwich Union, has suspended what had been described as a ground breaking form of car insurance that used a black box to track every journey.
The idea was to set premiums based on the risks faced by drivers. This would mean that drivers avoiding rush hour or late night driving would pay less for their car insurance. Norwich Union cited a slow take up of the idea and too few customers as the key factors for withdrawing the car insurance scheme.
There has also been a certain amount of mistrust from drivers regarding the black box. Having every journey monitored is not what Britain is about and there could be situations where a drivers Norwich Union car insurance policy could be negated if a vehicle was seen to be speeding at any time, or even have the data passed to the police. All in all most people feel the withdrawal of the black box idea is a good result and hope that it will not see the light of day again.
The car is being blamed for most of the pollution of the world, though this is far from reality as far as many are concerned. However Budget Insurance are on hand to help make it all better with their new emissions offsetting car insurance policy.
The insurer claims that one hundred percent of the customers carbon dioxide emissions will be offset for the duration of the policy. How this will work is that a contribution will be made to projects organised by the Carbon Neutral Company, who are overseeing different eco friendly activities across the globe that are helping clean it up.
This initiative from Budget Insurance is seen by some as a practical solution to going green, recognising that the car is a much needed mode of transport in many parts of the UK, but wanting to do something to mitigate its effects on the environment.
According to a new survey by Liverpool Victoria motorists are finding car repairs too difficult to undertake with modern cars.
Around 33 percent of drivers find the lights and information on their dashboards confusing, while some 75 percent feel that, in the event of a vehicle breakdown, they would be unable to repair the car themselves. Such is the way with modern cars that almost 50 percent of people in the Liverpool Victoria survey have no idea what is under the bonnet, since they rarely if ever open them.
The results of the survey highlight firstly the need for breakdown cover since most car drivers need that roadside assistance and also that car insurance cover may well become more expensive as items are not repaired but replaced.
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