Installing a GPS tracker in your car represents a great way to save money on your car insurance. A discreet device that provides information on your location, and can be used to map out routes and recover vehicles from thieves will show an insurer that you are ready to take special precautions when it comes to your car’s safety. Insurers view GPS trackers as part of an overall approach to car safety that reduces the level of risk that they have to deal with when paying out on a claim. At the same time, having a GPS tracker in your car means that you gain access to better levels of information when making an accurate claim on your policy.
1 – Anti Theft
One of the primary benefits of having GPS tracking enabled for your car is that it makes it much more likely that you will be able to recover it if stolen. Police can access the chip and use it to pinpoint where the car is being taken. As a GPS tracker is typically very discreet, and able to be activated without the thief realising, it is possible to quickly identify where it is being taken. By acting quickly, the police can often recover the vehicle, removing the need for you to make a
theft claim, although you may still have to claim for any damage inflicted on the car when stolen.
2 – Automatic Activation
GPS trackers have become sophisticated and durable enough to be very difficult to remove without setting off anti tampering alerts. Insurers recognise this reliability, and factor it into the level of risk involved in your car. By having a secure backup for locating your vehicle, it is therefore possible to demonstrate that you have thought through the risks involved, and are ready to invest in its safety. Insurers respond well to this caution, and can reward it with a negotiation
to lower premiums.
3 – Better Navigation
Having a GPS tracker in place means that you are less likely to get lost, as you can use the tracker with maps to work out the best possible route, and identify where you are if you do go off a familiar route. Knowing where you are, and using smartphone apps and satellite navigation to locate nearby garages similarly means that you don’t have to make a claim as the result of having to call out an emergency breakdown service, which can prove to be more expensive than
a more local option.
4 – Safer Driving
GPS tracking generally works with smartphone apps and satellite navigation to monitor the safety of your driving. Alerts can be triggered if you suddenly go over the speed limit, or if you brake without warning. By setting up these alerts, it can be possible to regulate your driving, with the result of improving any bad habits that you may have picked up over time. A GPS device can similarly notify you about any future problems with traffic, as well as hazards on the
road that need to be accounted for in your driving.
5 – Record Keeping
It is also possible to lower your car insurance premiums through GPS record keeping. By recording routes and the speed of your vehicle, you can display detailed information to insurers in the event of an accident. Having a GPS system running as part of your overall navigation can similarly be used to identify where your was at the time of an accident, as well as the time, and the amount of miles travelled during the same day or night.