SatSafeCAR is our own, retail packaged, black box or telematics car insurance product due for launch in early 2014. The product uses a GPS unit to collect data on the safe driving habits of the insured driver. The data is then used by our product underwriters to determine the risk in providing coverage so the less erratically you drive, the lower your premiums. The cost of the insurance is therefore put into the hands of our customers. By driving safely, you can benefit fully from any available discounts and experience substantial savings. We believe this product to be attractive to ‘high-risk’ drivers including young and inexperienced drivers as well as those with driving convictions.
How it works
A customer buys SatSafeCAR (left) either from one of our retail distributors or directly from us online. Prior to making a purchase, the customer scans the QR Code located on the side of the box with their smartphone. This code directs the customer to SatSafeQuote our black-box comparison website where they input their name, date of birth, vehicle registration and postcode. SatSafeQuote then sends this information to our Insurance partners and their best prices are presented on screen within a few seconds.
Customers can clearly see how much money can be saved by purchasing the product, which usually means that anyone with a premium above £750 can make sufficient savings to pay for SatSafeCAR and more. It is also worth noting that in years two and three, it is not necessary to purchase any hardware so all the savings you make go straight into your back pocket!
Once you make the switch to SatSafeCAR then an appointment will be made for you to have the GPS tracking unit and camera installed professionally which may take place at home or at your place of work. It usually takes approximately 45 to 60 minutes for installation of the black box and HD camera. SatSafeCAR uses a state of the art anti-theft tracking device that not only collects data for insurance cost determination, but also as a GPS tracker to assist recovery of the car should it be stolen. This is an added benefit of the product. The SatSafeCAR black box costs £195 but this is easily recouped in the substantial premium discount offered by our underwriters.
The data collected by the GPS tracking unit determines whether you are driving erratically (speeding, heavy braking, sharp cornering) which can be reviewed online or via the SatSafeApp. This allows you to correct your driving habits to reflect safer behaviour and receive discounts on your insurance premiums. SatSafe’s online dashboard service can also send emails and alerts on a regular basis to assist our customers to correct their driving habits.
Benefits of SatSafeCAR Comprehensive Cover:
- Free installation of the black box/GPS unit
- The ability to save money on your car insurance by driving safely
- Free state of the art anti-theft tracker installed in your car
- HD camera fitted – recording the road ahead protecting you from Crash 4 Cash scams and preserving your no claims discount
- Automatic crash notification: Emergency Services may be deployed sooner to the scene of an accident – potentially saving lives
- Access to the SatSafeCAR online dashboard to monitor your driving progress
- A dedicated SatSafe UK claims line that is available 24/7
- A courtesy car whilst your vehicle is repaired by an approved garage