The AA has introduced a brand new car insurance policy using the latest black box technology. The insurance provider is the latest company to experiment with this new style policy as more and more insurers seek to offer options for younger drivers who are currently worst hit by the rising cost of car insurance.
The new policy known as AA Drive Safe, will require drivers to have a black box installed in their vehicle which uses satellite technology to monitor the car and the way it’s being driven
Data including the times of the day the car is on the road, also the driver’s behaviour behind the wheel including average speed and how frequently they accelerate, will all be collected via the black box which is then transmitted via the satellite to the AA who will monitor this information, using it to calculate the cost of that particular driver’s insurance. The safer you drive, the cheaper your insurance will become.
At the start of the policy, the driver is given an average quote for their insurance premium, which will also include the cost of having the tracking device installed. By paying for the insurance by monthly direct debit, the cost of insurance will be altered month by month in line with the results of the data collected via the black box.
This new style of car insurance is being championed as the best means by which young and inexperienced drivers can obtain affordable car insurance as those who are responsible behind the wheel will have the chance to prove their driving ability and will then be rewarded with cheaper insurance.
The Association of British Insurers estimates that as many as 200,000 UK homes could find themselves uninsurable after 2013 when the government agreement with insurance industry which safeguards insurance policies for high flood risk homes comes to an end.
A recent survey conducted by the AA Insurance group has estimated that the cost of home insurance rose by 10% over the course of 2011.
Insurance provider, the AA, has reported a 200% increase in the number of calls it has received this week with regard to claims following damaged caused to property of vehicles as a result of the storms which have been battering the UK in the last 7 days.
Insurance provider, Direct Line, has unveiled plans to launch a January sale on its home insurance policies this week. So if you’re looking to re-evaluate your outgoings and streamline your spending ready for the New Year, Direct Line are offering some highly competitive deals on their home insurance packages to help you cut back your spending in 2012.
Zurich has become the first insurance provider to launch a smartphone application for home and 
Home insurance providers have issued advice to homeowners on how best to protect their homes ahead of the wintry and stormy weather which is forecast to strike in the coming days.
Home insurer Direct Line have issued a recommendation to home owners to prepare their properties ahead of winter to avoid damage which can be caused by the change in weather. The insurance provider has estimated that 40% of UK property could be left vulnerable to winter damage as the weather starts to turn, which leaves a number of homes open to problems and consequential insurance claims.
According to new research conducted by price comparison website, GoCompare.com, the number of motorists switching their 
As the run up to Christmas gets fully underway, your house becomes more of a target to burglars as we bring home the goodies ready for the big day. On average in the UK we spend £624 each on presents and food and drink, which means the value of your contents increases significantly during this time, so to avoid falling victim to thieves, it’s worth checking with your home insurance provider to ensure these extra items are covered should the worst happen.