Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


MotorEyes Drive Recorders: The Next Stage of Evolution

MEDIA RELEASE

22 March 2013

MotorEyes Drive Recorders: the Next Stage of Evolution

MotorEyes, a device which films your journey, records your location and speed via GPS, as well as detects impacts on your car using G-sensors is taking the world by storm.

In countries as diverse as Russia, the United Kingdom, the United States, Japan and Australia, drivers are installing MotorEyes type devices and sharing videos of their journey online which include date, time, speed, location, and even a voice recording.

From incredible crashes and beautiful scenery to quick-thinking manoeuvres, these cameras record it all.

Even better, they may help lower your insurance premium.

“In Europe drivers were found to be 10% less likely to have an accident when vehicles were fitted with these devices. If a driver was involved in an accident, the costs of repair were reduced by 25% indicating that with drive recorders fitted the accident was less severe.”

As a result of the evidence, insurance companies in the UK, Australia and the United States are offering lower premiums to those with the cameras installed.

Gareth says that while insurers in New Zealand have yet to offer lower premiums for drivers using the cameras, he believes it is inevitable.

“That would be probably because this technology is so new to New Zealand. With so many insurance companies around the world offering discounted premiums and the number growing, I am sure it won't be long until the likes of our big insurance companies follow suit".

ENDS

Email: info@motoreyes.co.nz

Website: www.motoreyes.co.nz

Facebook: facebook.com/MotorEyesNZ

If you'd like to see some videos already captured on roads in New Zealand, you can watch here: http://www.youtube.com/channel/UC8JrNIz-7wgHAdQfjLyXyFQ

MotorEyes is a New Zealand company trading under Bean Rock NZ.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Building Battle: Bill English Blames Council On Housing

The Nation: Finance Minister blames Auckland Council for housing shortage, saying it is responsible for land, housing and infrastructure supply in the city, while government provides rental subsidies... More>>

ALSO:

Megiaglommeration: NZME And Fairfax Apply For Authorisation To Merge

The Commerce Commission has received an application from Wilson and Horton Limited (trading as NZME) and Fairfax NZ Limited seeking authorisation to merge their media operations in New Zealand. More>>

ALSO:

Brewing: Lion To Buy Cult Upper Hutt Brewer Panhead

Lion - Beer, Spirits and Wine (NZ), New Zealand's biggest beer maker, has agreed to buy Panhead Custom Ales from the family of founder Mike Neilson, its second such purchase of a popular craft brewer after the acquisition of Dunedin-based Emerson's Brewing Co in 2012. More>>

ALSO:

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news