Of late telematics have become a very popular way for taxi drivers to gain competitive rates for insurance.
Telematics or a black box as it is commonly known, is a recording device that can be fitted inside a taxi, recording the movements of the vehicle.
The device monitors speed, breaking as well as taking note of the miles undertaken in the cab, showing the insurer their customers driving style and nature on the road.
Where some regard this as an invasion of ones privacy many take advantage of this offer, giving them a chance to show the insurance industry just how much of a courteous driver they are.
Not only can fitting a black box in your taxi save you money on this years policy but can kick start your driving record, allowing you to reap the benefits of telematics each and every year.
Where insurers used to have to rely on drivers word that they are safe drivers they can now obtain hardcode evidence, having no option but to put forward competitive rates to those that can prove their driving ability.
At Insure Your Taxi we work with a network of insurers that offer to install telematics devices. If you are interested in learning more about the functions of a black box or which to renew your policy with one, allow us to help.
Contact us today and gain more information about how Insure Your Taxi can save you money.