Here are some of the reasons box insurance for young drivers could be right for you. There are 365 customers that the cooperative insurance, rating them as good. I felt great with the price and my friend has a corsa with the same insurance. Cis general insurance ltd is part of an integrated financial services business within the cooperative. Lower insurance for young drivers using smartbox telegraph. The cooperative young driver insurance our terms of business who are we. Customers logging into their young driver dashboard will now be targeted with a series of driver training modules that are directly linked to telematics feedback data which provides a measurement of the way they drive. With a mypolicy telematics smart box, young drivers can save money on renewal premiums when driving safely. The dashboard is your online view of how safe you are driving and whether you are on target for a safer driving discount. Registered office, nile street, burslem, stokeontrent st6 2ba, united kingdom. Youll also find full details about what to do in the event. Not wearing seatbelts is one of the most common behaviours of young drivers. Ui was formed in 1967 to provide our agents markets for additional lines of insurance.
The co operative insurance has partnered with emerge safer drivers to pilot a series of educational modules for customers holding a young driver insurance policy. This black box insurance technology enables customers of the cooperative to earn safer driving. I recently signed up for the coops young driver insurance with black box, and it got setup okay on wednesday. Welcome to your co op young driver insurance policy booklet.
Cooperative young drivers insurance is anyone insured by. Jan 12, 2015 the cost of car insurance for young drivers is still cheaper than it was five years ago, but there has been a steady increase over the past few months and that is likely to continue in 2015, says matt oliver, of car insurance. Pay as you drive insurance rewards safe young drivers. The cooperative is first insurer to reward safe young. Jan 31, 2011 gps telematics boxes provide cheaper insurance for young drivers. Coop insurance launches black box scheme for young. Keep this booklet somewhere safe because it contains useful telephone numbers and important information about what youre insured for, how to make claims and how to update your policy if your circumstances change. It is a fact that many young people are simply being priced out of owning. The co operative insurance has launched a product for young drivers where the premium paid is adjusted depending on driving behaviour. Temp insurance for newly passed 17 year old drivers. Young driver quotes black box insurance coop insurance. Home, motor, eco and young driver insurance are underwritten by coop insurance. I purchased the co op young drivers insurance a month and half ago just a few days after passing i am currently 17.
Mar 19, 2011 coop cuts insurance costs for young drivers if technology shows safe driving. In his first 90 days he made it into the good area of the dashboard. The coop erative insurance was the first major insurer to launch a pay as you drive insurance product for young drivers in 2011, providing potential access to more affordable premiums by rewarding safe driving. The cooperative insurance launches groundbreaking new young. The co operative insurance company dates back to 1867.
Payments post immediately, though webpay will show them as pending for 12 days. Young driver has also been selected as a key project for the co operative young members board throughout 2015. Individual quotations can be obtained with a few minutes from the co operative young drivers car insurance website. Coop insurance approached us looking to create a databased dashboard for their young driver telematics service that appealed to the younger audience. Coop insurance is a trading name of cis general insurance limited. Icmif member, the cooperative insurance, uk, has launched a free smartphone app to allow young drivers to find out how safe they are behind the wheel. Mar 16, 2011 lower insurance for young drivers using smartbox. For years, weve offered members a substantially discounted rate for the stevens advanced driver training program in an effort to reduce.
As an example, the co op s young driver insurance policy includes fitting a box into 1725yearolds cars to monitor acceleration. The cooperative insurance is the trading name of cis general insurance ltd. Simply click through to the cooperative young driver insurance and shop as normal and. The company estimates that 82 percent of drivers will be quoted at a lower rate than their renewal price, and 45 percent will enjoy the full discount over a year of driving as their driving behaviour becomes clear. The insurance industry has struggled to get the market to accept tracker devices, and the adoption by the co operative can only be good news for the industry. Cooperative insurance is committed to keeping young drivers safe. The cooperative will begin to offer targeted online driving lessons for young drivers, based on their telematics data customers who log onto their online young driver dashboard will be. How young drivers can get cheaper car insurance moneywise.
We believe that by giving young drivers the opportunity to log into their individual driving dashboard to see how their driving is rated and to access safe driving tips will act as an educative tool and a deterrent against driving badly, which can only be a positive for road users and pedestrians across the uk. Co operative insurance has launched a series of lessons for its young drivers. Keep this booklet somewhere safe because it contains useful telephone numbers and important information about what youre insured. Responsible driving is therefore encouraged by the young driver insurance special policy. About the cooperative young driver insurance the cooperative s smartbox works like a sat nav or gps to record driving style, rewarding safe young drivers with a discount every 90 days. Miles smith is a trading name of miles smith limited, which is. The co operative insurance is committed to young drivers and improving the safety of the uks roads. You wont earn your 5% or 1% or get exclusive member prices and you cant spend your 5% earned with us at any independent cooperative societies. Cooperative young drivers insurance with black box technology. Download coop insurance young driver and enjoy it on your iphone, ipad and. The cooperative insurance launches groundbreaking new. Instead of calculating the risk of you claiming and therefore your final insurance premium before you buy, cooperative insurance will fit a smartbox into 1725yearolds cars to monitor their driving to set a price see the cheap car insurance. It continues to fulfill that objective now representing many major insurance carriers.
Car insurance is very expensive and systems such as the cooperative young driver scheme should help ensure that a new generation of drivers. Individual quotations can be obtained with a few minutes from the cooperative young drivers car insurance. Read this page for insurance and learn how to contact them. How younger drivers can get cheaper car insurance this. With young drivers often facing the highest priced motor insurance premiums, the coop erative insurance has developed a pay how you drive solution for 17 to 25 year olds. Co op young driver insurance is specially designed for drivers age 1724 and uses co op s smartbox black box or telematics technology to monitor driving. With young drivers often facing the highest priced motor insurance premiums, the cooperative insurance has developed a pay how you drive solution for 17 to 25 year olds.
You can choose to take out a 6,000, 8,000, or 10,000 mile policy depending on how much driving you do. Young driver behaviours revealed by coop insurance youtube. These days, we offer protection for farms, homes, autos. As 40% of young drivers have been involved in road traffic incidents, co op insurance in partnership with. I shot this video after my sons coop driving dashboard was always showing average good results for acceleration and breaking, but never excellent. The cooperative insurance was the first major insurer to launch a pay as you drive insurance product for young drivers in 2011, providing potential access to more affordable premiums by rewarding safe driving. Customers with a co operative insurance young driver policy will shortly have access to a range of safety modules via their online dashboard. The young driver program is on average gbp 328 cheaper than competing programs are, co operative says, and the company expects more than 80 percent of young drivers to save by driving safely. Cooperative insurance companies coop insurance personal. How a black box can cut the cost of your car insurance. You can use the co op dashboard login to make things easier and check out your cover and coop car insurance.
You can see all the information from the telematics smart box on our handy online driver dashboard and app coming soon, including journeys youve made. It uses data collected from four different driving parameters, including average speed, acceleration or braking, the time of day the car. Black box saves young drivers lives and wallets the. Teen drivers safety safety tips cooperative insurance. Only young drivers and only smart drivers are trading names of atlanta1 insurance services ltd, registered in england no. Jul 18, 2012 the co operative young driver insurance. Co op insurance is a trading name of cis general insurance limited.
And if theres any part of your driving that you need to work on, itll give you helpful pointers. Coop insurance car, home, travel, pet and life insurance. Young drivers could save hundreds of pounds on their insurance, claims a company that has just launched the latest pay how you drive product. It was the first major insurer to get into the black box technology market last year and drivers with it have had 20% fewer car crashes than those without. Coop young drivers insurance online dashboard error. Instead of calculating the risk of you claiming and therefore your final insurance premium before you buy, co operative insurance will fit a smartbox into 1725yearolds cars to monitor their driving to set a price see the cheap car insurance guide. By monitoring your usage and rewarding you for good driving insurers can provide much better deals to safe young drivers. The cost of car insurance for young drivers is still cheaper than it was five years ago, but there has been a steady increase over the past few months and that is likely to continue in 2015, says matt oliver, of car insurance. The co operative will begin to offer targeted online driving lessons for young drivers, based on their telematics data customers who log onto their online young driver dashboard will be.
Miles smith arranges and administers your insurance with their chosen insurance provider. The cooperative young driver insurance our terms of business. The cooperative insurance introduced its young driver insurance earlier this year, actively rewarding young people for safe driving. There are 365 customers that the co operative insurance, rating them as good. Coop insurance launches black box scheme for young drivers.
Aimed at drivers under 25, their telematics insurance system, known as smartbox, can save young drivers over. The cooperative insurance is committed to young drivers and improving the safety of the uks roads. Login using your credentials to continue with your order. Review and compare coop car insurance 2020 finder uk. Young driver insurance is underwritten by co op insurance. The co op uses tech for behaviourdependent young driver. The scheme is already making a tangible difference, and may help prevent young people from being priced out of the driving market. Cooperative offers driving lessons for drivers weaknesses. Mar 16, 2011 designed to improve young driver behaviour by satellitetracking cars discounts offered, 82% of 1725s could save. You may pay any amount from the minimum due to your remaining balance. The cooperative insurance is one such insurance company. Responsible driving is therefore encouraged by the young driver insurance.
People with a young driver policy will have access to a range of safety modules through their online dashboard, which have been developed with emerge safer drivers. Today they are based in a manchester office and go by the simpler name of co op insurance. The cooperative young driver insurance discount codes. As a consequence, co op insurance no longer offers life and health insurance policies or pensions. Telematics black box insurance offers some of the best savings to young drivers, and can potentially cut your insurance premiums by thousands of pounds annually. The idea of the app is that it gives potential younger members of the cooperative insurance a chance to try before they buy the cooperative s young driver insurance.
Apr 07, 2020 ui insurance services is an independently operated brokerage agency that is a wholly owned affiliate of co operative insurance companies. Registration is simple, click here to register now. The cooperative is first insurer to reward safe young drivers with cash back. We believe that by giving young drivers the opportunity to log into their individual driving dashboard to. Our roots are in farming, but as times and customers needs have changed, so have we. Register on the app and login to your dashboard so youre in control of your. Home, motor, eco and young driver insurance are underwritten by co op insurance. As telematics insurance systems go, with their online dashboard, simple driving score system and 90 day premium fluctuations, the cooperative smartbox is one of the smartest black box insurance system out there and is certainly worth considering for any young driver seeking cheaper car insurance. Cooperative insurance claims its young driver policy will result in premiums that are, on average.
Some insurers will offer cheaper premiums to drivers who are willing to install tracking technology in their cars. These days, we offer protection for farms, homes, autos, businesses, and more in vermont and new hampshire. Gps telematics boxes provide cheaper insurance for young drivers. I felt great with the price and my friend has a corsa with the same insurance and it all went fine. Coop cuts insurance costs for young drivers if technology. The cooperative s smartbox works like a sat nav or gps to record driving style, rewarding safe young drivers with a discount every 90 days. Gps telematics boxes provide cheaper insurance for young. The cooperative was the first mainstream insurer to launch a blackbox product and created the scheme as it wanted to help young drivers with their insurance costs, as well as address. Thats why the cooperative insurance introduced its young driver insurance earlier this year, actively rewarding young people for safe driving and helping to keep their bills down. Industry first as coop updates young driver insurance to. Jun 27, 20 coop car insurance is made simple with the co op driving dashboard and should certainly be appealing to young people. Participants, meanwhile, can log into a personal dashboard to see their data and receive advice. The coop uses tech for behaviourdependent young driver.