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You can cancel your car insurance policy, but there could be costs involved. Here’s what you need to know
Read our guide to find out what type of car insurance cover is offered by Insure the Box
Insure the Box provides telematics insurance for young drivers, new drivers, and low-mileage drivers.
Since its launch in 2010, its customers have covered 2.6 billion miles, and earned 171 million miles in bonuses for good driving.
Young drivers can find it difficult to get cheap car insurance, largely because, as a group, drivers aged under 25 have more accidents or make more claims, but telematics can cut costs as all premium prices are based on individual driver behaviour.
You can contact Insure the Box by calling 0333 103 0000, via email at service@insurethebox.com.
Insure the Box provides mileage-based car insurance for drivers who cover between 6,000 and 10,000 miles a year. You can buy extra top-up miles, and you can earn up to 100 extra miles a month for safe driving.
READ: How telematics can cut the cost of car insurance for young drivers
Insure the Box offers a number of benefits for policyholders, including:
Insure the Box Insurance is authorised by the Gibraltar Financial Services Commission, and authorised and subject to limited regulation by the Financial Conduct Authority.
Insurers see young drivers as a ‘higher risk’ group’ and push up the price of cover accordingly, but there are a few simple steps you can take to help keep costs down, even if you’re a teenager and you’ve just passed your test.
If you’re careful driver, a telematics policy offers an ideal way to cut the cost of cover, as your premium price is based on your actual driving style, and not on how other drivers in your age group perform. Some policies even offer discounts after just a few months.
Adding an older, named driver to your policy can also lower prices, as can cutting down on the number of miles you drive each month. Check out this video for more cost-cutting tips.
And it always pays to shop around for cover, to see which insurer is offering the best deal. Get a car insurance quote today to see if you can reduce your premium.
READ: Find out if black box insurance could be cheaper for you
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