Fast Cars

Innovative insurance for your fast car: install a black box and let the insurance company monitor your driving.

Aviva Insurance has announced that it is launching “pay as you go” car insurance in Canada. These types of programs, which have been launched elsewhere, are based on the notion that data collected by a “black box” installed in the car can, if the driver qualifies, entitle the driver to considerable discounts. Tyler Hamilton reported on the program in The Toronto Star today - details on the Aviva program are in his story, details on others are here, here and here, and discussions of car manufacturer “black box” data collection are here, here, here and here.

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Read more from this blogger: robhyndman.com � Black Box Car Insurance Comes to Canada