UK motorists could be driving up the cost of their car insurance cover for having certain technology in their vehicle.
New cars are becoming increasingly more complex and advanced with new technology becoming an important part of the latest vehicles.
Things such as sat navs and parking sensors are becoming standard in a lot of cars, which could be causing an issue for motorists.
Car insurers have reported that the cost of settling claims is increasing as cars become more complex, high-tech and more complicated to fix.
“Accident volumes are pretty stable but the cost per accident — particularly repair costs — are driving inflation,” said Toby van der Meer, chief executive of Hastings said to the FT.
“More expensive vehicles are safer than other cars, but more expensive to repair.
“It is not just repairing a piece of bent metal, it is fixing technology and sensors.”
It is not just the cost of the parts that are driving up costs as the price of labour has risen in line with the complexity of repairs which have increased.
Another factor driving the number of claims is the rise in keyless entry car theft which the industry paid out £376million of theft last year.
Keyless entry car theft, otherwise known as relay theft attacks, sees a car pinched in seconds by exploiting the technology.
A pair of radio transmitters tricks the car into thinking the key is present next to the vehicle allowing the vehicle to opened and started.
Claims inflation could increase as a result but the cost of cover is unexpected to rise as insurers look to compete with each other.
While some gadgets such as parking sensors could drive up the cost of a claim there are bits of technology which can slash the price of cover.
Nextbase revealed last year that younger motorists could save up to 30 per cent on the cost of their insurance by using a dash cam.