I'm already on this insurance.
I'm already on the Co-operatives Implementation of this insurance. Some background info:
- 23y/old male
- 3yrs no claims bonus (ie, no claims since starting driving)
- Skoda Fabia estate, 1.2, no modifications, 54 plate.
- I pride myself on not driving like a tool. I stick to speed limits, I corner smoothly, I accelerate gently and brake responsibly. Compared to most of my contemporaries, I can probably be called a pretty good driver.
Had been with Aviva, insurance premium had gone up from £550 to £820 (fully comp). Direct Line wanted £790. Tried some price comparison jobs, premiums ranging from £900 to £16,000 (yes, that many zeroes). Co-op Young Driver Policy? £440.
Yes, that few zeroes.
So, bit more digging, decide to take the plunge and go for it. Chap came round to install the box at my flat, so plus points for that. It's actually about the size of a standard HDD, buried in the dashboard.
I've got an online interface that shows my scores for the last 30 days (and I've made a spreadsheet logging all of my scores). The four parameters measured are Speed, Acceleration and Braking, Cornering and Time of Day. These are unevenly weighted, by my maths Speed and Time of Day have a relative weight of 0.3ish, Accn/Brk and Cornering 0.2ish. You also get an overall score for each day.
My main gripe is a lack of consistency. Monday to Friday I'm doing the same journeys at the same times of day, and while everything else is fairly consistent, my cornering score can go anywhere between 2.6 and 5 (out of 5). Also, cornering score seems to nose-dive on any journeys with a motorway-motorway junction (think M5/M42 junction, if you know it) - almost seems as if it wants you to shed a load more speed, even if you cruise round it at a very sedate 45mph-ish. There also seem to be some roads that are just impossible to get a good cornering score on too, such as the A48. If I went any slower round the corners it would be dangerously slow, and yet the best cornering score I've got is 3.5ish.
Time limitations can be a pain too, though I so rarely drive between 11pm and 6am I just suck up the poor score for that day.
As for unexpected events, emergency stops are filtered out. Came round a blind corner on a country lane to find a car reversing in front of me, 50-0mph in as short a time as possible and my accn/brk score for the day was still 4.8. It's only repeated heavy braking that will do you over.
After 3 months use I got a £53 rebate on my insurance, essentially taking my premium down to £390, which blows away every other off I found. Shall be getting my next premium adjustment in a couple of weeks time.
Overall I'd recommend it, but only if you're a legal beagle when it comes to speed limits and only if night driving is an extreme rarity.