Penny Share Tip #3

How you could profit from maniac 17-year-old drivers

OCT 15

This month’s tip in on the verge of cracking the £14bn car insurance industry…

All thanks to a piece of kit that’s already saving thousands of the youngest British drivers £550-a-year, on average.

Market research experts Berg Insight predicts the number of these devices sold will grow 42.4% a year for the next three years…

And you can find out what I think that will mean for this tiny company’s share price in this this month’s issue of The Penny Share Letter.

Take a 365-day no obligation trial to get your hands on a copy here.

But what is this brand new product everyone’s going mad for?

Well, as I’m sure you know, some drivers are forced to pay through the nose for car insurance. For example, a 17-year-old driver who’s newly on the road can expect to pay an average of £2,232.

The problem is bigger for young drivers because more young drivers are maniacs, but it hits all of us.

A big chunk of your insurance premium goes towards subsidising the most dangerous drivers. And this tiny UK company has a solution to the problem…

It’s a new piece of kit that proves to your insurer you’re not a maniac by transmitting data about your driving style…

Earning you much cheaper premiums in the process.

It’s a win-win! Cheaper premiums for most drivers, at no extra cost to the insurers.

Berg Insights estimates that 159million people will use these systems by 2020. That’s growth of about 38% per year for the next five years…

And this exciting small company is in a great position to capitalise on this fast growing industry.

And like I say, you can get your hands on all my research into this exciting small company in this month’s issue of The Penny Share Letter.

Take a 365-day no obligation trial now to download your copy in the members’ area.

Best wishes,

Sean Keyes
The Penny Share Letter