Springwise:
Seattle-based insurer Safeco recently launched an insurance policy for teenage drivers: Teensurance.
A combined package of insurance and a GPS tracking device (the ‘Safety Beacon‘), Teensurance offers parents the ability to monitor their teenage children’s behaviour on the road. Using the Safety Beacon, parents can set how far their children are allowed to drive, at what maximum speed and what time of day. If one of the boundaries is crossed, parents immediately receive a notification by phone.
Using an online interface, parents can track where their children (and cars) are, and how fast they’re driving. Teensurance also provides a Teen-Parent contract to help both parties agree on personal driving rules. Safeco claims it can’t see data that’s being collected, and won’t be able to use it if an insured party is involved in an accident. Teensurance is available to customers with Safeco auto insurance, at an introductory price of USD 14.99 per month, which includes 24/7 roadside assistance…
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You have an nice blog on insurance. For information about insurances compare quotes for the best deal from leading car insurance providers in the UK.
Wow, Teensurance seems to be quite useful and also not that expensive, do you know by any chance if they operate in Canada?