Car Trackers Can Help Reduce Your Insurance Premium!

With GPS tech fully operational almost everywhere, there is no hiding for car thieves anymore. If someone steals a car today, he or she risks being tracked, and as such, there is a high chance the police will recover your vehicle if you have car tracking technology installed. Of course, this is not the only use for car tracking, but it is always good to begin with a fact that can help save you money once you have made the initial investment.

Below we will look into some of the car tracking technology available today, how it can help reduce the cost of insurance, as well as a few other notable uses for car tracking software and hardware!

Finding the Best Cat Trackers on The Market Today!

There are quite a few brand names out there that are approved by most insurance companies. Meta Track Pulsar is popular because it is a self-powered device, fully waterproof and has 24-hour control monitoring as part of the package. You have the choice of a DIY version in which you can install yourself with no wiring, but if you want the insurance approved model, then you can have this professionally installed by a company that specialises in car tracker installation.

Another popular model is the Teletrac Trackstar S7. This device has been approved by some of the top names in the car manufacturing industry. Land Rover, Range Rover, Jaguar, and BMW. You can transfer it to different vehicles giving you flexibility and it has a smartphone app and falls under the Thatcham category S7 which is insurance approved.

One of the newer insurance approved models on the market is the SmarTrack RECO S7. Like the Meta Track Pulsar, this comes with 24/7 monitoring. And like the Teletrac Trackstar S7, it is transferable from one car to another while also coming with a free smartphone app. What’s more is it will only cost you as little as £8 per month for the monitoring subscription.

Always check that your car tracker is approved by your insurer!

Before you choose a car tracker, it is well worth noting that you need to choose one that is insurance approved! Therefore, you should make a shortlist of the brands that you like the look of and the model number of the car tracker and then contact your insurer to see which ones the company approves. Now this may sound odd because surely any car tracker does its job well, yet there are some that are easily disabled or found by professional car thieves and as such these car tracking systems may find their way onto the insurers’ blacklists.

Obviously, the idea of investing in a car tracker is to not only ensure that in the unlucky event of your car being targeted you stand a good chance of recovering it, but also to reduce your car insurance premium. Therefore, you want to avoid making the investment only to discover you have wasted your money!

Reducing Insurance Premiums

Insurers have already carried out extensive research and risk assessments on just how effective car trackers are. The results show that care owners considerably increase the chances of getting their car back. Not only that, but recovery times for stolen vehicles are also faster with a car tracker which reduces the chances of any damage to the car, which inevitably the more damage there is, the more the insurer has to pay.

Another point is that cars without car trackers can mysteriously turn up days after it went missing. In the meantime, the costs involved with paying for a rent-a-car and man hours dealing with your insurance claim can build up. With a car tracker installed, the car is found quickly so there is no rent-a-car costs and any claim for damage is dealt with quickly.

All these points considerably reduce the insurance company’s risk hence for a small investment, the savings on your insurance premiums are worthwhile!

Tracking Family!

Maybe a family member is a new driver, going on a road trip, or you just need a car tracker for peace of mind, so other family members know where you are. Car trackers are ideal for so many situations. For example, if you live in the countryside, or in cold/hot places where accidents can happen and response times are critical, or you could live or regularly drive through remote areas, and it is unlikely anyone will drive past for hours should you or a loved one have an accident.

Plus, there are situations where a loved one did not show up and he or she is not answering their phone, then you always have the car tracker as a backup to see where the car is.

A Final Word

To summarise, we have covered some of the car tacking technology out there and how a car tracker fitting service can help you reduce your insurance premiums by looking at how the insurer reduces its risk. Although not ever car with a car tracker is recovered, the chances of recovery skyrocket when your car has one installed. On top of this, we looked at how a tracker can become a useful tool for tracking family especially when you live in a remote area. We could have also looked into the commercial use for car trackers such as taxi service providers, logistic businesses, and more, but this was beyond the scope of this article, yet if you continue to research this topic, you will find plenty of other uses for a car tracker.

Hopefully in this short guide, we have given you enough reasons why you should go out there and invest in a car tracker for your car!

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