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Car Tracking For Insurance

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TrackCompare, March 25, 2010
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Over recent years car tracking systems have become increasingly recognised by insurance companies for the additional security they provide. This has led to many of the UK’s vehicle insurance providers offering their policy holders worthwhile discounts, providing they install a tracking system.

Insurance companies often have a list of approved tracking suppliers and a vehicle owner must install one of those systems to benefit from a discount. Usually the criteria for an insurance approved tracking system is that they are Thatcham approved. Thatcham are an independent body that research and advice UK insurance companies on vehicle security and safety ratings. For more information visit: www.thatcham.com.

More insurance companies are now insisting that a tracking system is installed as a condition of ‘theft cover’ being provided. This is especially the case for vehicles that are considered to be high risk, such as sports and luxury cars, or that are kept in high risk areas. Owners of high risk vehicles are also able to obtain substantial discounts that over a period of time can provide a return on investment.

If you would like to find out how much you could save by installing insurance approved tracking systems firstly speak to your insurance provider and then use TrackCompare’s comparison service to find the best deal for you.

 
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