Hacker News Reader

Comment by Normal_gaussian | Hacker News Reader

at £1400 last year my insurance is expensive. Partly due to living in a city and using on street parking but mostly due to my age (<25). My mother, who had the same model, paid £250.

The 15% discount for taking a black box still isn't worth it for me however.

View on HN

Wow!

Being part of a late 30s couple with pretty boring driving history in a small city pays I guess. I pay like $700-850 (depending on how you break out umbrella liability cost) for maxed out coverage in an above average cost US state. I think I paid around $1200 when I was a dumb kid with tickets. :)

Even if there were siginifciant savings, it wouldn't be worth it to me to have that kind of telemetry being gathered. It can only be used against you in a accident situation.

Over here there's no choice in the limit of cover - EU mandates that every car insurance has to cover 5 million Euro in personal damages and 3 million in property damage. The only "optional" thing is whether you want to get comprehensive insurance which covers your own car for the damage caused by yourself - but 3rd party liability is always set to that 5 and 3 million by law.

I guess you could buy some specialist insurance which would cover more but unless you are planning on crashing into multiple Bugatti Veyrons, it's pretty much impossible to hit that limit.

Interesting, that's nowhere near the level of insurance (it's significantly higher) than what even non-cut-rate insurers will recommend for most drivers in the states. After changing providers, we pay $1400 for two cars with $100,000/$300,000 (individual/total) injury and $100,000 in property coverage.

I think a big difference in the US is that there's usually no fault for personal injury, so the liability is pooled.

I drive a car with 380bhp, so while the insurance without the black box is about £300 more than the one with it, I'm pretty sure it's not worth getting the box. I pay about £1000/year at the moment.

Reply on news.ycombinator.com