How Car Trackers Reduce Insurance Premium

Make your car as safe as possible

One of the things that will be taken into consideration when calculating your insurance premiums is how secure your car is and how easy it would be to recover should you be unfortunate enough to have it stolen. Vehicle tracking systems are considered to be one of the primary defences against car theft, so, whether you drive commercially or just for leisure, you can save a significant amount on your insurance premiums by having your vehicle tracked. Many tracking systems include European or even worldwide coverage, 24 hour monitoring to ensure that your car is always safe and are specifically designed to provide your insurance company with the reassurance they will need to reduce your premiums.

Find Your Car In The Event Of Theft

As well as reducing the chances of your car being stolen in the first place by alerting potential thieves to the chances of their movements being traced, having a tracking device also increases the likelihood that your vehicle will be recovered in the event that it is stolen. That means any pay-out made is likely to be smaller which brings down the costs to you.

Being able to track your vehicle also means that the insurance company will incur fewer costs if they need to recover your vehicle and they will pass those savings on to you in the form of cheaper premiums. Having a tracker fitted also suggests a pro-active approach to your car’s safety which insurers will consider a positive when it comes to the likelihood of you reducing the potential risks to your vehicle.

Use Advanced Technology

You can choose a tracker that has motion sensing technology which will alert you as soon as your car is taken and provide information to the police to help them to find it. Some trackers can find your car even if it is in an underground carpark or on a container, so you can have complete peace of mind about the safety of your vehicle.
A tracking device can also keep your motoring costs down by allowing to you keep track of your mileage and helping you to change your driving style to economise on fuel as well as saving money on your insurance.

For more information on which car tracker would best suit your vehicle then feel free to get in touch. Call Bolaji on 08075270858 in Nigeria for expert advice on all things car tracker related.