Specialist Car Insurance
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Policywise Telematics Car Insurance
Policywise was founded by Simon Jackson in 2012. The company operates from Oakham, Rutland and offers an assortment of insurance options for customers. It provides a variety of standard and more specialist insurance across a range of sectors including motor, business, gadget, travel, and pet. Policywise also trades as Girls Drive Better, a car insurance provider that aims to provide female drivers with competitive policies, including telematics. Policywise itself offers telematics policies to individuals deemed ‘higher risk’ such as young or newly-qualified drivers. The company sources policies from different insurers to try and find suitable cover for their customers.
Individuals who take out a telematics car insurance policy will have a small device fitted to their car which will track their driving habits. It measures braking, acceleration, cornering, changes in speed, and when the car is driven to form an overall picture of the safety of the driver. Telematics insurance is intended to give customers, younger and more inexperienced drivers in particular, more affordable insurance by encouraging them to drive safely. An app is available to track the score and safety of your driving.
The black box device installed in the vehicle can also be used to locate it if it gets lost or stolen.
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