How Does a Black Box Affect Your Car Insurance Policy?
Car insurance has always been a complicated affair, with randomly increasing costs every year and a myriad of companies looking to cash in on the growing market. As a result, not to mention having to pay for the car itself and any optional extras, drivers are also expected to pay for any damage or theft and make sure their policy meets the high standards of the insurance industry. Black boxes come with a hefty price, so how do they work? And what kind of information is stored in them? What is Black Box Black box technology is a phrase associated with flight safety. It refers to a computerized onboarding system that monitors performance, processes, and records data from critical systems on a plane. These systems include the aircraft’s flight control computers and electronic flight instrumentation. In situations known as “Black Boxes”, insurance companies will occasionally cover losses or repairs without…