Car theft is a growing concern in India, and even the most secure parking areas can’t always guarantee your vehicle’s safety. It is where anti-theft devices come to the rescue. These devices safeguard a vehicle from stealing and help you save on car insurance premiums.
In this blog, let’s discover the benefits of different anti-theft devices and why they matter to insurers. Keep reading to explore how these devices help cut costs when you buy car insurance online.
How Anti-Theft Devices Impact Car Insurance Premiums?
Most insurers factor in theft risk related to a vehicle when calculating car insurance premium costs. The harder it is to steal your car, the lower the financial risk and insurance claims. Therefore, insurance providers encourage policyholders to install these advanced security devices.
If you’re planning to buy a car insurance online, make sure to –
Compare Policies
Different insurers might factor this in as a sign of lower theft risk, depending on area and other risk factors. So, compare multiple policies to find the right deal.
Check for Discounts Eligibility
Many insurers list specific anti-theft devices that qualify for discounts on a car insurance premium. Therefore, confirm which devices are eligible.
Review Terms
Understand how different devices impact the premium. Review the policy terms thoroughly to determine your investment worth.
Types of Anti-Theft Devices For Vehicles
An anti-theft device is a technology-based tool or system designed to prevent theft or any unauthorised tampering with a vehicle. These devices can either deter thieves that make starting or driving a car difficult or assist in recovering if a vehicle gets stolen.
Not all anti-theft devices are the same. Here are the most common types that can also help you lower costs on car insurance premiums –
GPS Trackers
These help to pinpoint the car’s exact location if it gets stolen, making vehicle recovery easier and faster.
Immobilisers
These electronic systems prevent the engine from starting unless the correct key or proper authentication.
Mechanical Immobilisers
These physical locks come in handy to lock the vehicle’s steering, tyres, gears, and brakes, stopping it from moving.
Car Alarms
A loud, alarming sound alerts the surrounding area if an anonymous person tries to break into your vehicle. Some smart systems can even send notifications directly to your smartphone.
Kill Switches
These hidden switches disable the vehicle’s essential systems such as the fuel pump or engine. This prevents the vehicle from starting until switched back on.
Benefits of Installing Anti-Theft Devices In A Vehicle
Integrating one or more of these anti-theft devices is not only for enhanced car security but also signal lower risk to insurers.
Here’s how one can benefit from these devices:
Theft Prevention
Devices like GPS, car alarms, and immobilisers determine whether or not your car is an easy target for a thief.
Dejecting Theft
A car without an anti-theft device is more likely to be appealing to thieves than the one with alarms and immobilisers.
Enhanced Recovery
Devices like GPS help law enforcement to recover a stolen vehicle faster by tracking the vehicle’s real-time location.
Higher Resale Value
A well-secured and equipped car is more attractive to buyers, increasing its market value as compared to one without any.
Reduced Deductibles
Knowing a car is protected with anti-theft features, many insurers reduce deductibles on car insurance premiums.
Bottom Line
Investing in GPS and other anti-theft devices is a smart decision for every car owner. These devices do not just safeguard your vehicle from stealing. They also open doors to significant savings on car insurance premiums, saving you money in the long run.
So, don’t overlook the importance of these anti-theft devices when planning to buy car insurance online. Choose an insurance provider who recognises the importance of these safety features. Enhance your car safety today and drive with confidence.
