Male drivers ‘more likely to use telematics for insurance’

A poll into the use of telematics by drivers has found that more male drivers are willing to have their vehicle monitored for insurance purposes than women.

The survey found that 60% of men would be interested in using a device compared to only 40% of women. This is despite the ruling that insurers will no longer be able to use gender to assess insurance rates, causing women’s insurances prices to rise this December.

Duncan Anderson, global head of property, casualty insurance pricing and product management at Towers Watson said: ‘With the ban on the use of gender in setting insurance prices from December 21, young female drivers could materially benefit from the use of telematics.”

44% of all drivers identified insurance discounts as the most attractive benefit of using a telematic device.

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