Insurers do not promote the benefits of telematics insurance!
Recently, Redtail Telematics/YouGov conducted a survey on consumer perspectives on car insurance. Interestingly, the results revealed that insurers do not promote the savings and benefits of telematics-based motor insurance to their customers.
- In fact, only 4% of respondents have received any communication from their insurer to discuss a telematics-based insurance policy
- Furthermore, insurers had not told 76% of respondents the benefits of telematics-based motor insurance
- On average, drivers saved around £300 a year when they switched to By Miles