Anti-theft devices and systems could help you save money on your car insurance premiums for comprehensive coverage. Discounts for anti-theft devices range from 3% to 25%. Not all companies offer these discounts. You can get a discount on the anti-theft system for car insurance if your car is equipped with anti-theft technology.
Seven of the 10 largest insurance companies offer discounts on the anti-theft system, and the requirements are generally the same among insurers. However, the exact discount amounts may vary by company and state. For example, the Geico anti-theft system discount can help you save up to 23% on your premium. As a result, having LoJack may entitle you to an anti-theft discount, since your insurer is less likely to have to pay for a stolen car.
For example, New Jersey requires all insurers to offer discounts to drivers whose cars have certain anti-theft devices, and the state specifically includes vehicle recovery systems that communicate with the police in the list of eligible devices. Ask your insurance company representative for details on how to get an anti-theft discount on your vehicle insurance. Regardless of the insurance savings, LoJack can be a smart buy, especially if you live in a high-risk area or if your car is particularly attractive to thieves. If you don't pay for comprehensive coverage, your insurer won't cover replacement bills for your vehicle when someone steals your car.
These radio signals will activate the vehicle's recovery system and return the location to police computers, making it easier to recover the car. Insurers in other countries offer discounts on dash cam insurance, but dashcam technology is still relatively new, and insurance companies in the United States. Many insurance companies give discounts to policyholders whose vehicles contain anti-theft devices because it helps insurers save money on coverage costs. To get a discount on LoJack insurance in most states, tell your insurer that you have LoJack and request a discount on the anti-theft device.