Effects of feedback and incentive-based insurance on driving behaviours

  • Stevenson, Mark (Primary Chief Investigator (PCI))
  • Mortimer, Duncan (Chief Investigator (CI))
  • Harris, Anthony (Chief Investigator (CI))
  • Tapp, Alan (Partner Investigator (PI))
  • Peppard, Frank (Partner Investigator (PI))
  • Collins, Samantha (Partner Investigator (PI))

Project: Research

Project Description

We propose the first experimental study to examine the extent to which direct-feedback and incentive-based insurance modify a drivers' behaviour. The study will apply in-vehicle telematics and, by linking information obtained from the technology directly to personalised safety messaging along with the calculation of individual personal injury and property damage insurance premiums. The study has the potential to profoundly influence not only the insurance industry by reducing individual risk and insurance scheme liability, but also deliver reductions in road trauma among the target population namely, young drivers.
StatusActive
Effective start/end date23/03/1622/03/20

Funding

  • Australian Research Council (ARC): AUD530,000.00
  • Transport Accident Commission (TAC): AUD120,000.00
  • Insurance Box Pty Ltd: AUD54,000.00