Ingenie Car Insurance @ www.ingenie.com

Ingenie Car InsuranceIngenie delivers telematics insurance for young drivers between the ages of 17 and 25. This company was founded by Richard King in 2011. They have been under the control of the Watchstone Group (was Quindell) since 2014 although they had already made a major investment in 2013. Watchstone has been involved in recent scandals noting the dispute with Slater and Gordon. There has been no such bad press for this service at www.ingenie.com. They have progressed well over the years, attracting many industry awards along the way. They use Gary Lineker and Tyger Drew-Honey as brand ambassadors. What stands out with this operation is the competitive low pricing that they are able to pass on to their customers.

Young drivers save an average of £400 when they buy their cover and earn up to 21% as an extra discount. The premium is reviewed 3 times a year with 70% of customers earning a discount just for driving well. There is no exaggeration on the noted value that we have witnessed ourselves in historic price comparison testing. We have seen them deliver the cheapest overall quote (including standard policies) on Compare the Market, Confused and MoneySuperMarket. They were by far offering much cheaper deals than other telematics companies with their closest competitor usually being Carrot or Sheilas’ Wheels Broker Model Driver. At the heart of the cheap quotes is of course an excellent underwriting panel.

Their partners include Ageas, Covea, Highway (LV) and RSA. The black box that they issue analyses your driving habits looking at such things as acceleration, braking, cornering and speed. You are provided with a driving score out of 100 that is updated every 10 or so days so long as you have driven at least 40 miles over the period. At this point they’ll inform you how much that you are on track to save with them. You should be aiming to keep within the Green (Good) category. The score can be monitored through the Ingenie login at www.ingenie.com or through their smartphone app. There are no mileage restrictions or curfews in place.

The device is fitted within the first 2 to 3 weeks of signing up, but you will be insured straight away. Their customer service team can be reached on the number of 0345 234 2238 that is live between Monday and Friday (8am/8pm) and Saturday (9am/4pm). It is clear that the Ingenie car insurance service has the potential to become a major player in the space. They are certainly growing quickly and have a large following on Facebook with around 30,000 fans. Their main obstacle would likely be the UK’s biggest insurers (Aviva and Direct Line) who have each entered this niche and there is of course Admiral who trade through Bell and LittleBox.