Various factors influence car insurance rates, with vehicle safety and your driving record playing primary roles. Anti-theft devices, which significantly reduce the risk of vehicle theft, are one such factor.
Many vehicle owners overlook these devices, but they can lead to substantial savings on insurance premiums. The Gateway Property & Casualty team can help residents of Dover, NH, understand how their vehicles’ anti-theft features can benefit their insurance rates.
Reducing Risk and Premiums with Anti-Theft Devices
Insurance companies consider the likelihood of your vehicle being stolen when setting the premium. Anti-theft devices, such as steering wheel locks, alarms, and GPS trackers, significantly lower this risk. Consequently, insurers often offer discounts for vehicles equipped with these devices. Drivers may also be able to add some of these features to their vehicle.
Enhancing Coverage with Anti-Theft Devices
Anti-theft devices can also enhance coverage options. It’s sometimes possible to obtain specialized policies or additional benefits for vehicles equipped with advanced security features. In some cases, coverage for the installation of the device or reimbursement for anti-theft technology may be available if the car is a total loss.
Selecting the Right Anti-Theft Devices
The type of anti-theft device can influence its impact on insurance coverage. High-tech options, such as immobilizers, often yield the most significant discounts.
Anti-theft devices are a win-win for vehicle owners and insurers alike. They offer peace of mind, protect your vehicle, and can lead to meaningful savings on your car insurance. Contact Gateway Property & Casualty today to learn how security measures can enhance your coverage and reduce costs.
