Car Tracking Systems

The car tracking system market has grown immensely in recent years for both stolen vehicle and fleet tracking. As the cost of car tracking systems has come down significantly over the past few years, more individuals are purchasing these systems to increase their vehicle security and more businesses to improve their fleet management capabilities.

Stolen vehicle tracking systems are now a common requirement for vehicle insurers as a condition of the vehicle being covered against theft. This is especially the case for expensive vehicles such as high end sports, executive, luxury and supercars. Due to stolen vehicle tracking’s proven ability to ensure that stolen vehicles are quickly recovered, insurers incentivise customers to install these systems by offering them substantial discounts. Many individuals and businesses are now purchasing these systems for the insurance discounts that they can obtain.

Fleet car tracking systems are a solution for businesses that allow them to have greater visibility of their vehicles and drivers daily activity. These tracking systems provide specific business benefits including reducing operating costs, increasing productivity and improving employee driver behaviour. Due to the cost savings these systems have been proven to provide, many businesses install these with the goal of making a return on their investment. For companies that pay for these systems on a monthly basis that can be achieved within the first month of the tracking system being installed.