Can installing a car tracker lower my insurance cost?

By Farzana Chaumoo

Theft prevention features can reduce your premium.

Vehicle tracking is one of the most effective devices used in combating vehicle theft.

So, does it lower insurance premiums?

The answer is yes, it does!

Insurers place great emphasis on the installation of vehicle trackers and the reward comes in the form of a reduced car insurance premium.

According to national crime statistics, hijackings are increasing each year at an alarming rate with Gauteng being the province most affected, followed by KZN.

The benefit of a tracking device sits not only at a discounted insurance premium, but vehicle owners also have the peace of mind that if their car gets stolen, the chances of recovery are very high.

Pro Tip: When installing a tracking device, communicate with your insurance company to confirm the tracking device is “accredited”.

Other safety features such as a smash and grab window tint and a car alarm can also reduce your insurance premiums.