Somebody in the UK must’ve paid close attention to what happened when the US was preparing to introduce a bill that would make black box data recorders mandatory from 2015. That was back in 2012 and, most likely to avoid a similar wave of negative reactions, the Brits are turning to a more “elegant” solution: a push from insurance companies.
No one is going to force British drivers to install tracking devices in the cars. However, if they refuse to do so, they could be denied insurance, or, why not, be offered an astronomical price.
It all starts with the European Union, whose regulations state all new vehicles must come with such technologies, known as telemetrics, starting from October next year. While this will allow emergency rescuers to locate crashed cars, it can also serve as the ultimate monitoring tool.
Apparently, insurers in the UK have already urged owners of older vehicles, which do not come with such amenities, to fit black boxes to their cars. The companies mentioned such devices make premiums cheaper for safer drivers.
This financial pressure has apparently already been quantified and the results show a potential for serious changes. According to a research by the Boston Consulting Group, about 50 percent of all the cars on the road will have tracking devices installed by 2020.
The opinions are split - the insurers obviously claim such measures would only help them separate the high-risk drivers from the rest of the motorists. On the other hand, privacy-supporting groups pointed out that the data could easily fall into the wrong hands.
Which side of the black box are you on? Feel free to make your thoughts... public in the comments section below.
Via: The Daily Mail
It all starts with the European Union, whose regulations state all new vehicles must come with such technologies, known as telemetrics, starting from October next year. While this will allow emergency rescuers to locate crashed cars, it can also serve as the ultimate monitoring tool.
Apparently, insurers in the UK have already urged owners of older vehicles, which do not come with such amenities, to fit black boxes to their cars. The companies mentioned such devices make premiums cheaper for safer drivers.
This financial pressure has apparently already been quantified and the results show a potential for serious changes. According to a research by the Boston Consulting Group, about 50 percent of all the cars on the road will have tracking devices installed by 2020.
The opinions are split - the insurers obviously claim such measures would only help them separate the high-risk drivers from the rest of the motorists. On the other hand, privacy-supporting groups pointed out that the data could easily fall into the wrong hands.
Which side of the black box are you on? Feel free to make your thoughts... public in the comments section below.
Via: The Daily Mail