Under 25-years-olds willing to fit their cars with the company’s cost-effective VT Driving Event Recorder can expect to save hundreds of pounds on their premiums.
In-car cameras help cut fraud and make it easier to prove what happened in a car crash, according to the insurance industry.
The innovative system provides a video record of any accidents or incidents that may have taken place, preventing false and fraudulent claims.
It also acts as a ‘black box’, measuring such things as speed, braking and journey times.
Transport Secretary Justine Greening recently called for car insurance bills to be cut in a bid to help ease Britain’s youth unemployment crisis.
She said that more young motorists should have “black boxes” fitted in their cars because drivers who can prove they drive safely can cut the cost of their car insurance.
Ms Greening said: “For many young people, getting a car is one of the ways they can make sure they can access jobs and employment.”
More than a million 16 to 24-year-olds are out of work and premiums for young drivers cost thousands of pounds.
Pippa Hinchcliffe, of Vision Techniques, said: “The VT Driving Event Recorder is a fantastic tool for monitoring a driver’s performance, recording accidents and reducing insurance premiums.”
According to the AA, average car insurance premiums for men aged 17 to 22 cost more than £3,500, and young women drivers pay an average of £2,300.