Dashcam giant Nextbase has launched its own car insurance service – and claims it can offer motorists big discounts if they drive with a dashcam.
According to the firm, half of its customers will be able to save 30 percent or more for fully comprehensive cover.
The firm said cover will start at under £200, with a third of customers expected to pay less than £250 for fully comprehensive cover. Motorists will be required to install a Nextbase dashcam in order to take advantage of the savings compared with a traditional policy.
The company is able to pass on savings to customers as it believes motorists will drive better, while the amount of time it takes to administer pay-out claims in the event of an accident will be reduced.
Nextbase claimed that just under seven out of 10 drivers (68 percent) experienced an improvement in their driving score (calculated using telematics) when a dashcam was fitted to their vehicle.
Another study found 58 percent of motorists to less likely to tailgate and 54 percent were less likely to speed when their car was equipped with a device.
The company added having a dashcam installed will help speed up insurance claims, as the footage will enable police and insurers to determine who was at fault more easily.
Rewarding safe drivers
“Purchasing a dashcam can be extremely beneficial for drivers when it comes to incident cover, safety, and emergency help,” said Richard Browning, sales and marketing director at Nextbase
“But we want to go that step further and make sure customers are rewarded for being sensible, safe drivers.
“Nextbase Insurance is the next step in making sure every customer is a responsible driver and that we are doing everything we can to keep Britain’s roads safe.”
ALSO READ:
Covid sees car insurance prices plunge to seven-year low