For some, owning a car comes much sooner than for others and if you own a vehicle and are under the age of 25, you would have already had to consider the importance of car insurance. While having a car at this stage of your life is highly advantageous, especially in the working world, the downside is that you are considered a high-risk driver. This is due to the fact that many insurers view drivers under the age of 25 as inexperienced and more likely to cause an accident. So, how then are you able to reduce your driver risk profile and, in turn, reduce your monthly insurance premium?
The answer lies simply in your Matrix vehicle tracking solution. Installing a vehicle tracking device into your vehicle will help reduce your overall risk, as well as your monthly insurance premium. This is largely due to the fact that having one installed, reduces the chances of theft or hijacking. Over and above such prevention however, Matrix also provides you with other benefits including:
Driver behaviour monitoring
So often, we get behind the wheel and once we begin driving, become oblivious to how we drive – all we want to do is to get to our destination. While doing so, there are driving behaviours that we adopt like speeding and harsh braking – which not only places other motorists at risk, but can also impact your insurance premiums. Today, many insurers have programs aimed at incentivising drivers for responsible driving behaviour, and with the help of the Matrix Smartphone App, you are able to view your overall driving style. This helps you identify bad driving habits and take corrective action. It’s easy – when you know better, you do better!
Geo-fencing
You can probably recall the moment you got into your car for the first time, wanting to drive and go just about anywhere. Unfortunately, this new found sense of freedom may lead you to places that are not as safe as you think. With Matrix geo-fence, you can create your own safety and danger zones. If you enter this location, you will receive notifications that your vehicle has entered the specified area. Matrix has created a vehicle tracking management system that allows you to quickly and easily create virtual geo-fences on the Matrix Internet Tracking platform.
Panic alert
The unfortunate reality is that being a motorist opens you up to risks such as hijackings and vehicle theft. With the help of the Matrix panic button remote, vehicle tracking technology, a panic button will alert designated authorities and control centres of your exact location.
Roadside & medical assistance
As a motorist, there is sometimes no escaping unforeseen incidents like being stuck on the side of the road due to a flat tyre or running out of fuel. With Matrix’s value-added services, you can alert the control room and rest assured that roadside or medical assistance is on the way.
Crash alert
If you are involved in a car accident, your Matrix device can send an immediate signal from the unit in your car, to a control room. After assessing the situation, assistance will be dispatched to the exact location of the vehicle – giving you immediate support.
While being a motorist can be very costly, resulting from various vehicle expenses including monthly repayments, increased fuel hikes as well as the occasional repair costs, investing in a vehicle tracking solution will give you value where it matters most. By doing so, you are not only able to reduce your overall driver risk profile and consequently – insurance premiums, but have access to services that take both your personal and vehicle safety into account.