Data shown to the Daily Telegraph shows 10m drivers regularly break the 30mph limit – as insurers admit motorists who have a “black box” tracking device fitted to their car to cut their insurance premium are at risk of having the data handed over to the police and used against them, it has emerged.
Insurers also admit that, rather than cut premiums, the record of your driving habits could be used to increase them at renewal. Concerns are mounting that the technology, known as telematics, is developing faster than the law protecting the drivers it monitors. Drivers’ records have been handed to the police to aid investigations and the jury is out over who actually owns the data.
The devices could be recording millions of instances of policyholders breaking the law. Direct Line, insurethebox and The Co-operative Insurance confirmed to Telegraph Money that they had handed over telematics records to the police on the production of a court order.
UK motorists will pay the price for the competition watchdog’s recent failure to reform the car accident claims process, claims the boss of Aviva.
Last year 94pc of all personal injury motor claims paid by Aviva in the UK were for minor injuries such as short-term whiplash. This compares to France where whiplash accounts for only 3% of car accident claims.
Surprise 15% fall in car insurance prices
Premiums are down 15% in the past 12 months and at their lowest level for five years. The average quoted premium for a car insurance policy has fallen by 15% to £579 from £678 a year ago, and are now a third below their peak of 2011, according to comparison site gocompare.com
The biggest winners are 17-20 year old females who have enjoyed a 33% year-on-year fall in premiums, despite the introduction of the EU gender directive, which came into force at the start of last year and stopped insurers discriminating between men and women.
Claimant chief warns of doctors’ concerns over whiplash panel
A leading figure in the claimant industry has warned that doctors may not want to be part of a new panel for car accident claim whiplash diagnosis.
The chairman of the Motor Accidents Solicitors Society, told its annual conference that some experts may opt not to sign up to the reporting organisationMedCo.The insurance industry is funding the start-up costs for the panel with running costs will then be covered by doctors’ accreditation fees.
The Association of British Insurers has confirmed the MedCo board will be led by an independent chair, with other members taken from both claimant and defendant sectors. The MedCo website is set to go online by the end of this month. It will be used to access car accident claim injuries.