Telematics-based system rewards good teen drivers with savings on insurance

It’s no secret that teen drivers have to pay higher automobile insurance rates than most people – after all, they’re less experienced, and some of them can be pretty reckless. If you’re a good teen driver or one that doesn’t drive much, however, it might seem rather unfair that you have to pay rates that are based on the worst driving habits of your peers. Well, Gibraltar-based insurethebox has what it claims is a better alternative – teens’ cars are fitted with a telematics box that records the way and amount that they drive, and they end up paying less for their insurance if they drive well.

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