With the rising cost of car insurance, many consumers are opting to use pay-as-you go monitoring devices to track their insurance. By installing one of these devices in your car, your insurance company can track your actual usage so the consumer is only charged for miles driven.
These devices also track your driving technique. They can measure speed as well as breaking or other variables to better judge safe drivers.
Many people are able to save a significant amount of money, over 20% on their car insurance, by using these devices. If you are a safe driver who does not drive a lot, these are ideal for you.
Consumer watchdogs are worried about privacy issues related to monitoring methods. Of course, this is a personal choice for the consumer, so any privacy issues can b e allayed by personal choice of whether to install one on your car. They are not required to have car insurance, but are optional.