Coverbox is a car insurer which uses telematics systems ('black boxes') to help calculate premiums.
Coverbox uses a panel of insurers to underwrite its policies.
Telematics, or 'black box' technology, monitors driving speed and style. Motorists who drive smoothly at sensible speeds stand a good chance of keeping their premium to a minimum.
The system also records data concerning collisions, which provides evidence for the claim making process. This may help to protect drivers following an accident they didn't cause.
Black boxes are largely marketed as being an affordable insurance solution for younger and novice drivers.
Coverbox is a trading name of Coverbox Insure Limited, which in turn is owned by Coverbox Holdings Ltd.