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Marmalade is a UK-based insurance company whose main business is car insurance for young people. The company uses telematics, a satellite technology that monitors the use of the car the company is insuring. This monitors the way the car is driven, when is driven and sends the information back to Marmalade.
New drivers should conduct research, know what coverage they need, have their personal and vehicle information on hand, and compare options to find the best car insurance policy for their needs ...
These schemes for young people aim to help reduce these statistics by promoting driving at a younger age when children are more susceptible to learning and have better memory. [4] By doing this in a safe environment away from the public road, it is hoped that this will provide a basis for learner drivers' learning.
However, young drivers are often offered discounts if they undertake further driver training on recognized courses, such as the Pass Plus scheme in the UK, or if they install a telematics device to monitor their driving style. In the US many insurers offer a good-grade discount to students with a good academic record and resident-student ...
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Social benefits from accessibility to affordable insurance for young drivers - rather than paying for irresponsible peers, with this type of insurance young drivers pay for how they drive. [citation needed] Higher-risk drivers pay most per use, thus have highest incentive to change driving patterns or get off the roads, leaving roads more safe.
More drivers are going without auto insurance as inflation and higher premiums pressure their budgets. The number of households that have at least one uninsured vehicle increased to 5.7% in the ...
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