Insurance broker Sure Thing! and car technology manufacturer Nextbase have announced a new partnership that would financially benefit motorists amid the rising cost of motor insurance.
Through the companies’ collaboration, drivers who own a Nextbase dash cam will receive a 20% discount on their car insurance policies.
The offering is said to be the largest discount ever for dash cam owners in the motor industry.
“We’re leading the charge in the insurance world to highlight the importance of dash cams,” said Sure Thing! CEO Brendan Devine.
“In a market where proof is everything, video evidence provides undeniable evidence of which party is at fault in an accident situation… We’re excited to see where the dash cam market goes,” Devine added.
The companies noted that sales of dash cams increased by 396% in 2015, making them the fastest growing electronics category. The growth is expected to continue in 2020 and beyond.
Market research firm GfK has also predicted that the number of dash cams installed in UK vehicles would double between 2015 and 2016.
“The UK Dash Cam market has exploded in recent years as more and more people recognise the multiple benefits of owning a Dash Cam,” said Nextbase director Richard Browning.
Browning said that Nextbase dash cam owners who will take the discount offer can save an average of £90 a year.
“Through our partnership with Sure Thing!, we’re hoping to tackle the ever-rising cost of insuring your vehicle,” Browning said.
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