My gf has been phoned by her insurance company (Direct Line) this evening asking if she wants to take part in a scheme to 'reduce her premiums'. It seems they are offering 17-25s the opportunity to have a box fitted to their cars (for free) to record certain parameters (its not GPS, my first question!) and offer variable discounts for only using the car between 6am and 10pm and for remaining under 77mph at all times.
They are offering 10% premium rebate for adhereing to the time constraints, and up to 15% for remaining under 77mph at all times (it has no idea what speed limit you are in). You are permitted a certain number of 'transgressions', with the rebate %age reducing with each.
She has asked them to call her back on Friday, to give us time to compile a list of questions we would like answering before agreeing to anything. So far I have come up with the following, but would appreciate everyone's input as to others I may have overlooked:
* How does it obtain speed data? (we all know that most speedos overread by a factor of up to 10%, but I can't see them fitting any other speed measuring device when one already exists, so presumably the '77mph' would be indicated, not true groundspeed)
* Will it log all useage data, or just record 'triggers' (time of day or speed violations)?
* Does it monitor anything other than time and speed?
* Who has access to the data?
* Will the data be used in any other way than calculating premium rebates?
* Could data of repeated 'transgressions' result in incresed premiums? (or not decreased at the rate they would otherwise with time)
* How long will the box have to remain fitted?
I would presume that, even if they were to pass on the data to police/SCPs who may try to use it for enforcement, the lack of a location for the alleged offence would cause any prosecution to fail.
It seems like one of those potentially too-good-to-be-true offers, and I am automatically wary of any sort of monitoring of private life, particularly in the current political climate.
Anyone heard anything about this or have any comments?