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Confused dot coms telematics car insurance offer

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LazyGun | 21:02 Sat 18th Aug 2012 | Insurance
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Saw an advert for this, which seems a little big brother to me, but I did wonder if it does offer large savings in premiums?

Anyone using such an insurance scheme?

http://www.confused.c.../telematics-explained
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It's not a new concept. Coverbox (and others) have been doing it for several years.

This post is from December 2009:
"I've recently joined coverbox, they fitted my tracker on monday. Only quoted myself 4000 miles a year, I cycle to work so only use it socially. I was paying £80 a month before, it's now £43 a month with coverbox. I paid the lot with tracker fitting for £550.

Oh yeah, 23 year old male from Essex, 2.0L Mazda 3 sport, 4 years NCB".

Source:
http://forums.overclo...thread.php?p=15442182

Chris
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Ahh, thanks Chris. Its a new concept to me :)

The comments and links you provided were useful - thanks again.

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