The idea of the app is that it gives potential younger members of the cooperative insurance a chance to try before they buy the cooperative s young driver insurance. Coop insurance is a trading name of cis general insurance limited. You can choose to take out a 6,000, 8,000, or 10,000 mile policy depending on how much driving you do. I felt great with the price and my friend has a corsa with the same insurance and it all went fine.
For years, weve offered members a substantially discounted rate for the stevens advanced driver training program in an effort to reduce. The insurance industry has struggled to get the market to accept tracker devices, and the adoption by the co operative can only be good news for the industry. The young driver program is on average gbp 328 cheaper than competing programs are, co operative says, and the company expects more than 80 percent of young drivers to save by driving safely. Cooperative insurance is committed to keeping young drivers safe. It continues to fulfill that objective now representing many major insurance carriers.
The co op uses tech for behaviourdependent young driver. With young drivers often facing the highest priced motor insurance premiums, the coop erative insurance has developed a pay how you drive solution for 17 to 25 year olds. Young drivers could save hundreds of pounds on their insurance, claims a company that has just launched the latest pay how you drive product. Co op young driver insurance is specially designed for drivers age 1724 and uses co op s smartbox black box or telematics technology to monitor driving. The cooperative young driver insurance discount codes. It was the first major insurer to get into the black box technology market last year and drivers with it have had 20% fewer car crashes than those without. Review and compare coop car insurance 2020 finder uk. Responsible driving is therefore encouraged by the young driver insurance. Or looking for car insurance and want to see telematics insurance is right for you. The cooperative will begin to offer targeted online driving lessons for young drivers, based on their telematics data customers who log onto their online young driver dashboard will be.
As an example, the co op s young driver insurance policy includes fitting a box into 1725yearolds cars to monitor acceleration. Jan 31, 2011 gps telematics boxes provide cheaper insurance for young drivers. The cooperative insurance introduced its young driver insurance earlier this year, actively rewarding young people for safe driving. Young driver quotes black box insurance coop insurance. Miles smith arranges and administers your insurance with their chosen insurance provider. Mar 16, 2011 lower insurance for young drivers using smartbox.
These days, we offer protection for farms, homes, autos. I shot this video after my sons coop driving dashboard was always showing average good results for acceleration and breaking, but never excellent. Login using your credentials to continue with your order. Miles smith is a trading name of miles smith limited, which is. Aimed at drivers under 25, their telematics insurance system, known as smartbox, can save young drivers over. The co operative insurance is committed to young drivers and improving the safety of the uks roads.
How young drivers can get cheaper car insurance moneywise. Coop young drivers insurance online dashboard error. Register on the app and login to your dashboard so youre in control of your. Home, motor, eco and young driver insurance are underwritten by co op insurance. Cooperative offers driving lessons for drivers weaknesses. Teen drivers safety safety tips cooperative insurance. The scheme is already making a tangible difference, and may help prevent young people from being priced out of the driving market. Not wearing seatbelts is one of the most common behaviours of young drivers. The cooperative young driver insurance our terms of business. With young drivers often facing the highest priced motor insurance premiums, the cooperative insurance has developed a pay how you drive solution for 17 to 25 year olds. The cooperative young driver insurance our terms of business who are we. Jun 27, 20 coop car insurance is made simple with the co op driving dashboard and should certainly be appealing to young people.
Download coop insurance young driver and enjoy it on your iphone, ipad and. Lower insurance for young drivers using smartbox telegraph. And if theres any part of your driving that you need to work on, itll give you helpful pointers. The cooperative insurance launches groundbreaking new. The cooperative is first insurer to reward safe young drivers with cash back. Keep this booklet somewhere safe because it contains useful telephone numbers and important information about what youre insured for, how to make claims and how to update your policy if your circumstances change. Coop insurance launches black box scheme for young. Home, motor, eco and young driver insurance are underwritten by coop insurance. Cooperative insurance companies coop insurance personal. As a consequence, co op insurance no longer offers life and health insurance policies or pensions. Youll also find full details about what to do in the event. The dashboard is your online view of how safe you are driving and whether you are on target for a safer driving discount.
We believe that by giving young drivers the opportunity to log into their individual driving dashboard to see how their driving is rated and to access safe driving tips will act as an educative tool and a deterrent against driving badly, which can only be a positive for road users and pedestrians across the uk. The co operative insurance company dates back to 1867. The cost of car insurance for young drivers is still cheaper than it was five years ago, but there has been a steady increase over the past few months and that is likely to continue in 2015, says matt oliver, of car insurance. You can use the co op dashboard login to make things easier and check out your cover and coop car insurance. There are 365 customers that the cooperative insurance, rating them as good. Customers logging into their young driver dashboard will now be targeted with a series of driver training modules that are directly linked to telematics feedback data which provides a measurement of the way they drive. Icmif member, the cooperative insurance, uk, has launched a free smartphone app to allow young drivers to find out how safe they are behind the wheel. Instead of calculating the risk of you claiming and therefore your final insurance premium before you buy, cooperative insurance will fit a smartbox into 1725yearolds cars to monitor their driving to set a price see the cheap car insurance. The coop uses tech for behaviourdependent young driver. As 40% of young drivers have been involved in road traffic incidents, co op insurance in partnership with.
You wont earn your 5% or 1% or get exclusive member prices and you cant spend your 5% earned with us at any independent cooperative societies. Coop insurance launches black box scheme for young drivers. The cooperative s smartbox works like a sat nav or gps to record driving style, rewarding safe young drivers with a discount every 90 days. I felt great with the price and my friend has a corsa with the same insurance. This black box insurance technology enables customers of the cooperative to earn safer driving. Customers with a co operative insurance young driver policy will shortly have access to a range of safety modules via their online dashboard. The cooperative insurance was the first major insurer to launch a pay as you drive insurance product for young drivers in 2011, providing potential access to more affordable premiums by rewarding safe driving. Participants, meanwhile, can log into a personal dashboard to see their data and receive advice. The cooperative insurance is committed to young drivers and improving the safety of the uks roads. The company estimates that 82 percent of drivers will be quoted at a lower rate than their renewal price, and 45 percent will enjoy the full discount over a year of driving as their driving behaviour becomes clear. Cooperative insurance has launched a series of lessons for its young drivers. The co operative insurance has launched a product for young drivers where the premium paid is adjusted depending on driving behaviour.
Ui was formed in 1967 to provide our agents markets for additional lines of insurance. About the cooperative young driver insurance the cooperative s smartbox works like a sat nav or gps to record driving style, rewarding safe young drivers with a discount every 90 days. You may pay any amount from the minimum due to your remaining balance. Individual quotations can be obtained with a few minutes from the co operative young drivers car insurance website. Apr 07, 2020 ui insurance services is an independently operated brokerage agency that is a wholly owned affiliate of co operative insurance companies. Coop insurance approached us looking to create a databased dashboard for their young driver telematics service that appealed to the younger audience. Jul 18, 2012 the co operative young driver insurance.
Car insurance is very expensive and systems such as the cooperative young driver scheme should help ensure that a new generation of drivers. Telematics black box insurance offers some of the best savings to young drivers, and can potentially cut your insurance premiums by thousands of pounds annually. Gps telematics boxes provide cheaper insurance for young drivers. Simply click through to the cooperative young driver insurance and shop as normal and.
Registration is simple, click here to register now. Young driver behaviours revealed by coop insurance youtube. Cooperative young drivers insurance with black box technology. Co operative insurance has launched a series of lessons for its young drivers. What happens if you spend with independent cooperative societies. Cis general insurance ltd is part of an integrated financial services business within the cooperative. Cooperative young drivers insurance is anyone insured by. Young driver insurance is underwritten by co op insurance. The co operative will begin to offer targeted online driving lessons for young drivers, based on their telematics data customers who log onto their online young driver dashboard will be.
Mar 16, 2011 designed to improve young driver behaviour by satellitetracking cars discounts offered, 82% of 1725s could save. Individual quotations can be obtained with a few minutes from the cooperative young drivers car insurance. Industry first as coop updates young driver insurance to. The cooperative insurance is the trading name of cis general insurance ltd.
If you buy our young driver black box insurance, we may offer you car insurance with no black box needed at your second renewal. Some insurers will offer cheaper premiums to drivers who are willing to install tracking technology in their cars. The co op product is specifically designed for people aged between 17 and 25 and there are currently 21,000 drivers signed up to the scheme. Jan 12, 2015 the cost of car insurance for young drivers is still cheaper than it was five years ago, but there has been a steady increase over the past few months and that is likely to continue in 2015, says matt oliver, of car insurance. Today they are based in a manchester office and go by the simpler name of co op insurance. Welcome to your co op young driver insurance policy booklet. Gps telematics boxes provide cheaper insurance for young. Coop cuts insurance costs for young drivers if technology. It uses data collected from four different driving parameters, including average speed, acceleration or braking, the time of day the car. There are 365 customers that the co operative insurance, rating them as good.
These days, we offer protection for farms, homes, autos, businesses, and more in vermont and new hampshire. In his first 90 days he made it into the good area of the dashboard. Young driver has also been selected as a key project for the co operative young members board throughout 2015. How a black box can cut the cost of your car insurance. Coop insurance car, home, travel, pet and life insurance. Responsible driving is therefore encouraged by the young driver insurance special policy. Here are some of the reasons box insurance for young drivers could be right for you. Only young drivers and only smart drivers are trading names of atlanta1 insurance services ltd, registered in england no. The cooperative was the first mainstream insurer to launch a blackbox product and created the scheme as it wanted to help young drivers with their insurance costs, as well as address. How younger drivers can get cheaper car insurance this. Cooperative insurance educates young drivers coop news. We believe that by giving young drivers the opportunity to log into their individual driving dashboard to.
Only young drivers car insurance for young people in the uk. You can see all the information from the telematics smart box on our handy online driver dashboard and app coming soon, including journeys youve made. People with a young driver policy will have access to a range of safety modules through their online dashboard, which have been developed with emerge safer drivers. The cooperative insurance is one such insurance company. Cooperative insurance claims its young driver policy will result in premiums that are, on average. Co op insurance is a trading name of cis general insurance limited. With a mypolicy telematics smart box, young drivers can save money on renewal premiums when driving safely. Our roots are in farming, but as times and customers needs have changed, so have we. As telematics insurance systems go, with their online dashboard, simple driving score system and 90 day premium fluctuations, the cooperative smartbox is one of the smartest black box insurance system out there and is certainly worth considering for any young driver seeking cheaper car insurance. The cooperative is first insurer to reward safe young. We believe that by giving young drivers the opportunity to log into their individual driving dashboard to see how their driving is rated and to access safe driving tips will act as an educative tool and a deterrent against driving badly, which.
Thats why the cooperative insurance introduced its young driver insurance earlier this year, actively rewarding young people for safe driving and helping to keep their bills down. Black box saves young drivers lives and wallets the. I purchased the co op young drivers insurance a month and half ago just a few days after passing i am currently 17. Mar 19, 2011 coop cuts insurance costs for young drivers if technology shows safe driving. That means more spare cash to do the things you love. Pay as you drive insurance rewards safe young drivers. Temp insurance for newly passed 17 year old drivers. The cooperative insurance launches groundbreaking new young. Young drivers pay how you drive insurance unveiled by coop. I recently signed up for the coops young driver insurance with black box, and it got setup okay on wednesday. By monitoring your usage and rewarding you for good driving insurers can provide much better deals to safe young drivers. Instead of calculating the risk of you claiming and therefore your final insurance premium before you buy, co operative insurance will fit a smartbox into 1725yearolds cars to monitor their driving to set a price see the cheap car insurance guide. The co operative insurance has partnered with emerge safer drivers to pilot a series of educational modules for customers holding a young driver insurance policy. It is a fact that many young people are simply being priced out of owning.