You have probably seen a lot of car insurance commercials telling you how much money you can save if you are
willing to switch to their company. But what if youcould save some cash without switching over to a new company with the help of a GPS tracking unit.

What if, instead of having your rate solely based on a set of generic factors (your
age, gender or marital status) you could actually lower your rates by lowering your risk of theft. With a GPS tracker program your insurance company may be willing to offer you a discount on your insurance premiums.

A study conducted by the Brookings Institution suggests that two-thirds of
households would actually pay lower rates, up to 28% less, if GPS tracking devices were installed on their vehicles or heavy equipment.

Source:

http://community.nasdaq.com/News/2011-09/datatracking-technology-can-help-lower-your-car-insurance.aspx?storyid=93251

Read how one man located his stolen $65K excavator through GPS Tracking.

Comments are closed.