How much is a black box to be fitted?
How much is a black box to be fitted?
How Much is a Black Box to be Fitted in South Africa?
Telematics devices, also referred to as “black boxes,” have grown in popularity in South Africa’s auto insurance market in recent years. These gadgets monitor your driving habits and offer valuable information about your risk profile, which can result in customized insurance policies and increased traffic safety. However, how much does it cost to install a black box in a South African car?
Cost of Black Box Installation in South Africa
The cost of black box installation in South Africa can vary depending on the insurance provider, the type of device, and the installation method. Here are some estimated costs:
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Hardware cost: The cost of the black box device itself can range from R500 to R2,000, depending on the type and quality of the device.
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Installation cost: The cost of installation can range from R200 to R1,000, depending on the complexity of the installation and the installer’s fees.
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Monthly subscription fee: Some insurance providers may charge a monthly subscription fee for the use of the black box, which can range from R50 to R200 per month.
Total Cost of Black Box Installation
Based on these estimates, the total cost of black box installation in South Africa can range from R700 to R3,200, depending on the insurance provider and the type of device. However, it’s essential to note that some insurance providers may offer discounted or free installation of black boxes for their policyholders.
Insurance Providers Offering Black Box Installation in South Africa
Some insurance providers in South Africa that offer black box installation include:
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OUTsurance: OUTsurance offers a telematics device called “OUTdrive” that tracks your driving behavior and provides personalized premiums.
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MiWay: MiWay offers a telematics device called “MiWay Drive” that tracks your driving behavior and provides discounts on your premiums.
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Santam: Santam offers a telematics device called “Santam Drive” that tracks your driving behavior and provides personalized premiums.
In conclusion, the cost of black box installation in South Africa can vary depending on the insurance provider, the type of device, and the installation method. However, the benefits of having a black box installed, including personalized premiums and improved road safety, can far outweigh the costs. If you’re considering having a black box installed in your vehicle, be sure to discuss the costs and benefits with your insurance provider.
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