Many people who have anti-theft devices installed in their vehicles are not aware of state laws requiring underwriters to offer their policyholders a car insurance discount. As many as half of drivers in Massachusetts who have anti-theft devices in their vehicles do not claim the anti-theft device discount. In their case, they may be missing out on a savings of between five and thirty percent on their premium. This is especially true of policyholder who pay extra for comprehensive coverage.
Coverage against fire and theft costs extra on your car insurance and you should not have to pay so much if you have taken the precaution of installing a LoJack Theft Recovery System in your vehicle. This system offers a 24 hour recovery guarantee due to its nearly infallible vehicle tracking system. States in the northeast including New York, New Jersey and Pennsylvania are notorious for having the highest car theft rates enforce laws requiring insurers to offer insurance discounts for installing anti-theft devices.
If you own a Toyota Camry or Honda Accord, you may be especially vulnerable to theft due to the market value of their replacement parts. Some of the most popular vehicles for theft are the large SUVs such as the Cadillac Escalade and Hummer. These vehicles are also some of the most expensive to insure. The is no sense in not collecting every insurance discount due to you, especially with how high insurance rates are anyway.