Could Black Boxes be the Future for Car Insurance?

Accident differences to find auto coverage claims could soon be a thing of the past, thanks to the installing of achromatic boxes into vehicles.

Honda have go the first vehicle maker to offer accident recording equipments as an option - though the engineering is currently only available in Japan. The system utilizes a photographic camera fitted to the dorsum of the rear-view mirror which constantly records picture footage to a memory card.

In typical fortune the footage is constantly overwritten, but should an impact occur, the recording device salvages eight secs prior to the hit and 12 secs after it.

It's not the first clip that achromatic box style devices have got been introduced. Car coverage supplier Norwich Union offers a 'Pay As You Drive' strategy that utilises a planetary placement device to work out how you utilize your car.

The coverage company claims this tin aid drivers unafraid inexpensive auto insurance by slashing insurance premiums by as much as 30 per cent if you drive less than 6,000 miles.

While this is certainly an attractive deal, automobilists should still shop around to guarantee they're securing the best offering no substance how many statute statute statute miles they drive.

For example, if you are a classic auto proprietor there is specializer screen available from a scope of suppliers often tied in with low yearly milages - sometimes as low as 3,000 miles. It's important to be honorable with your insurance company about how many statute miles you are likely to go because exceeding a milage bounds will almost certainly take to complications later - especially if you necessitate to do a claim.