Allianz has launched a new insurance policy for young drivers under 25 years of age. The special feature of the tariff is that it is based on telematics. This means that certain data about the insured’s driving behavior is collected by a device in the car and the price of the insurance is calculated based on this data.
Allianz’s telematics tariff is not the first of its kind, but it is explicitly aimed at young drivers, who generally have to pay higher premiums than older insureds. The idea behind this is that novice drivers are often not yet able to assess their own driving behavior as well as experienced drivers. The use of telematics technology should change this and provide more transparency.
Allianz is confident that the new tariff for young drivers will be a success. Premiums are calculated based on a variety of factors such as speed, acceleration and braking behavior, which are recorded using sensors in the car. The safer a driver is on the road, the greater the discount on the insurance premium.
The launch of Allianz’s new telematics tariff shows that insurance companies are increasingly relying on digital technologies to offer individual tariffs and better assess risk. Young drivers can also benefit from lower rates with this innovative insurance concept and at the same time achieve greater safety on the road.
The Allianz telematics tariff for under 25s: What is it??
Allianz has introduced a telematics tariff specifically for drivers under 25 years of age. But what exactly is this tariff and how does it work?
The Allianz telematics tariff is based on a small plug that the customer inserts into the OBD II interface of his car. This plug collects data on the driver’s driving style and transmits this data to Allianz. This data is then used to calculate an individual premium based on the customer’s driving style. The safer and more environmentally aware the customer drives, the higher the discount on their insurance policy.
To use the tariff, Allianz customers must first take out a telematics insurance policy. These tariffs are usually somewhat cheaper than conventional tariffs, as the insurance company assumes that the driver is driving safely. Customers can use an app to view their driving data at any time and receive feedback on their driving style. Another advantage of the tariff is that customers automatically have an emergency call function activated in the event of an accident and thus receive rapid assistance in an emergency.
- The advantages of the Allianz telematics tariff at a glance:
- Lower insurance premiums
- Individual premium based on the customer’s driving style
- Driving data can be viewed at any time
- Feedback on driving style and tips on how to drive safely and in an environmentally conscious manner
- Automatic emergency call function in the event of an accident
How does the Allianz telematics tariff for under-25s work??
Allianz has launched a new telematics tariff specifically for drivers under 25 years of age. But how does this tariff work and what advantages does it offer??
The telematics tariff is based on the collection of driving data with the help of a telematics box in the car. This box measures, among other things, speed, driving behavior and mileage. Based on this data, Allianz adapts the tariff individually and rewards safety-conscious driving with lower premiums.
In order to use the telematics tariff, customers must obtain the telematics box free of charge and have it installed in their car. The data collected is then regularly transmitted to Allianz and analyzed. Customers can also view their driving data at any time via an app and improve their driving behavior in order to reduce their premiums.
Allianz’s telematics tariff is an interesting option for young drivers, as it can help reduce insurance premiums while helping to improve driving safety. Such a tariff option can offer a lot of flexibility and cost savings and is an interesting alternative to traditional insurance tariffs.
Why Allianz’s telematics tariff is the best choice for under-25s?
Allianz has introduced the telematics tariff specifically for young drivers to help them save money and drive more safely. With this tariff, drivers under the age of 25 can reduce their premiums by improving their driving style.
The telematics tariff works via a system that monitors drivers’ driving habits, such as speed and acceleration. If the driver drives more safely, he receives premium discounts. These discounts can be as high as 30% and help young drivers reduce their insurance costs.
Since young drivers are often considered risky drivers, the telematics tariff can also help improve their insurance status and reduce their future insurance costs. If the driver drives safely and improves his driving habits, he can also communicate this to the next insurance companies, thereby increasing his chances of receiving favorable insurance premiums.
In general, Allianz’s telematics tariff is worthwhile for young drivers who want to improve their driving and save money at the same time. With the telematics tariff, young drivers can monitor and target improvements in their driving habits, leading not only to lower insurance premiums but also to greater safety on the roads.
Who is eligible for the Allianz telematics tariff?
Allianz’s telematics tariff is specifically designed to meet the needs of drivers under 25 years of age. Any driver who has reached the minimum age and owns a vehicle that is not older than 10 years can use the tariff. The aim of the tariff is to help young drivers adopt a safer driving style and thus become better drivers.
To use the Allianz telematics tariff, the driver must download a special app and install it on his smartphone. This app collects various data while driving, such as speed, acceleration and braking behavior. Based on this data, the driver’s driving behavior is evaluated and discounts on the insurance premium can be granted.
It is also possible to use the Allianz telematics tariff within a family. If a young driver is the main user of the car, other family members can also enjoy the benefits of the tariff. However, it is important that each driver installs a separate app and follows the instructions to collect the data correctly.
- Minimum age: 18 years
- Vehicle age: not older than 10 years
- Installation of the telematics app on the smartphone
- Safe driving is rewarded with discounts on the insurance premium
In summary, the Allianz telematics tariff is a great way for young drivers to improve their driving and save money at the same time. If you meet the above requirements, you should definitely consider the plan and download the app to take advantage of its benefits.
How to apply for the Allianz telematics tariff for under-25s
Allianz offers young drivers under the age of 25 the opportunity to choose the so-called telematics tariff when taking out a car insurance policy. This involves installing a telematics unit in the vehicle that records driving data such as speed, braking and acceleration behavior and transmits it to the insurance company.
To apply for Allianz’s telematics tariff, interested parties must first take out a motor insurance policy with the company. The tariff can then be applied for online via the Allianz customer portal. Some personal data must be entered and consent to the use of the driving data must be given.
To be able to use the telematics tariff, the vehicle must be equipped with a telematics unit. For this purpose, an appointment is made with an Allianz partner company, which professionally installs the unit. After successful setup, the tariff can be used.
Allianz’s telematics tariff allows young drivers to save up to 30% on their car insurance premium if they drive safely. But in addition to the cost savings, its main aim is to help young drivers become more aware of their driving behavior and thus safer on the road in the long term.