23 Jun 2014
MotorMax – Intelligent Insurance for Young Drivers
Laferla Insurance is now offering MotorMax, an innovative, intelligent and cool car insurance product for young drivers. Through this insurance product, drivers can get a discount on their insurance based on their driving performance. This is possible through the installation of a telematics device in the insured’s vehicle which monitors a number of driving habits, such as speed, mileage and night time driving.
Good driving habits can earn young drivers up to 40% discount on their insurance premium upon renewal. This discount is over and above any no claims discount, which can amount up to 70%. The clients can then still enjoy the same coverage and limits as the standard Comprehensive Motor insurance policy, but at a lower price.
Apart from saving money, MotorMax clients also enjoy other benefits. Through the device, it is easier to localise the insured vehicle in cases of theft or accident. In case of impact drivers will be contacted on their mobile by the Middlesea Assist call centre and if there is no reply, assistance and medical help may be sent to the site of the accident. Customers can access information about their driving habits and the discount they are entitled to via a personalised web portal and mobile app.
This insurance product, in no way invades customers’ privacy. At any point in time, Laferla will only have access to aggregate information and no access to a particular person’s data.