Choosing a black box insurance policy can definitely make a difference when it comes to how much you spend on car insurance per year. More and more new drivers are now choosing to have a black box installed but this type of insurance is available to anyone who believes they’re paying too much for insurance for how safe they drive.

However, a common question still remains - what is different about black box insurance? For the most part, you can drive just as you usually would, but there are a couple of differences.

It can save you money

The biggest difference with the black box is the financial aspect, it significantly lowers the price of insurance for those who are considered high-risk drivers. Hundreds to thousands of pounds have been taken off the yearly price for many drivers, with the possibility of even more taken off with good driving.

Tracking your driving can save you a lump sum of cash, with the Express reporting that it usually saves around a third on your yearly fees. Regardless of your age, the black box can decrease your insurance premium, while helping you become a better driver by tracking your abilities.

It improves your driving skills

A black box can make all the difference to your car insurance, particularly if you’re a young driver, but it can impact anyone who uses it. WiseDriving is one of many insurance providers who promote the use of a black box because its telematics technology could save customers money if they drive safely.

Unlike non-telematics insurance, the black box monitors your driving- focusing on your braking, speed, acceleration and sometimes, the time of day you’re driving.

Instead of paying for your insurance yearly without considering your driving, the black box will give you constant updates on your driving.  This is great if you’re a safe driver. However, if you’re driving dangerously, it’ll impact your score negatively and may result in you needing to pay more towards your premium.

MoneySuperMarket reports the positives of the black box including the ability to see what your strengths and weaknesses behind the wheel are. You’ll be able to work on the things that you’re being scored low on, which will make all the difference to your insurance premium.

Most telematics will collect information on when you drive, where you drive, your speed, how often you drive and how you steer, brake and take corners.

There are plenty of benefits to getting telematics insurance, including saving money on fuel because you’re sticking to the speed limit, and having longer-lasting tyres because you’re accelerating better. Overall, looking after your car will result in less wear and tear on your vehicle.

Ultimately, the black box will save you money in comparison to regular insurance. While it does monitor your driving, it will only result in a negative outcome if you’re driving dangerously