Black box insurance policies could cut car crashes by 40%

According to a report from young driver insurer ingenue, 40 per cent of crashes involving 17-25-year-olds could be prevented by the adoption of black box insurance, Mass market adoption of telematics systems could therefore prevent 28,749 crashes every year.

The ingenie Young Driver Report claims that telematics policies, which monitor how the driver behaves and provides feedback to help them drive more safely, can significantly reduce crash frequency among young drivers.

More than 200,000,000 miles of telematics data was gathered as part of the report.

There is a moral obligation for government to get behind telematics for young drivers

The company is now calling for an Insurance Premium Tax (IPT) exemption for telematics policies which it claims could lead to an extra 245,000 policies being sold. Road crashes are the biggest accidental killer of young people, with five 17-24-year-olds losing their lives on Britain’s roads every week.

Richard King, ingenie’s founder and CEO said: “Every year, more than 490,000 newly qualified drivers take to the road on their own for the first time, and it’s a sobering thought that without telematics one in five of them will go on to have a crash within just six months of passing their test.

“Our data shows conclusively that telematics has the potential to save more lives.

“There is a moral obligation – as well as a very clear economic responsibility – for government to get behind telematics for young drivers … and provide the financial incentive needed to encourage wide-scale take-up.”

However, Adrian Walsh, director of road safety partnership RoadSafe is keen not to underestimate the value of proper training for new drivers. He says: "Young drivers are keen to drive well and are quick to learn. However, much of their training focuses on the skills associated with controlling a vehicle rather than their attitude to assessing and managing risk.

"RoadSafe is urging a fresh approach: educate potential drivers to cope with the risks they face, rather than simply to enable them to pilot a vehicle."