Road Rage: Risks, Liability, and How Auto Insurance Can Protect You
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Every car owner dreads the thought of their vehicle being stolen. And with car theft on the rise in Canada, particularly in Ontario, this fear is becoming an all-too-real possibility for many. But what if there was a way to significantly reduce the risk of your car being stolen?
Car theft has evolved into a billion-dollar problem, demanding immediate attention. Shockingly, a vehicle is stolen every 6 minutes in Canada, and organized crime is often behind these thefts. Even more alarming is the fact that 75% of these stolen vehicles are destined for export abroad.
The data indicates a significant increase in vehicle thefts in Canada over the past few years. From 2021 to 2022, there was an increase of 22,257 vehicle thefts, representing a growth rate of approximately 30%. This alarming trend suggests that 2023 might witness even higher theft rates than 2022.
Tag tracking is a revolutionary tool in the battle against vehicle theft. Its deterrent effect percentage stands at a remarkable 99.82%, illustrating its effectiveness in keeping vehicles safe.
The first level of defence is the system’s logo being etched into the driver and passenger-side windows. The awareness of the Tag Tracking system’s effectiveness quickly deters most car thieves. From there, without diving too deep into the technicalities, the system uses advanced technology to pinpoint the location of a vehicle. If a car is stolen, the tracking system can help law enforcement quickly locate and recover the vehicle.
With a deterrent rate of 99.82%, it’s evident that the Tag Car Tracking system is exceptionally effective. Most thieves are well aware of tracking technologies and will often avoid vehicles equipped with them, fearing swift apprehension.
Many insurance companies recognize the value and effectiveness of tracking systems. Having one installed in your vehicle might qualify you for a discount on your premium. Always consult with your insurance provider to determine the potential savings.
There are certain vehicles that might qualify for a free Tag installation. It’s recommended to refer to specific lists or guides to determine eligibility, which can be sourced from various insurance or Tag-related blog posts.
Apart from the obvious benefit of a significant reduction in the likelihood of your vehicle being stolen, Tag Tracking systems can also aid in faster vehicle recovery, potential insurance premium reductions, and peace of mind knowing your vehicle is safeguarded against theft.
There are a number of retailers throughout Ontario who can install your Tag Tracking system. Find your local installer here and contact them to book an appointment.
The installation procedures vary depending on the make and model of your vehicle, but the tracking devices are discreetly placed to keep them hidden from potential thieves. Your installer will ensure the system optimally functions without interfering with your vehicle’s primary systems.
Given the rising rates of vehicle theft, the answer is a resounding yes. The peace of mind that comes with knowing your vehicle has an extra layer of protection against theft is invaluable. Plus, the potential for reduced insurance premiums makes it a worthy investment for every car owner.
As car theft continues to plague our communities, proactive measures like installing the Tag Tracking system can offer tangible protection for one of your most valuable, and depended-on, possessions. Talk to your insurance broker about the benefits of Tag Tracking your vehicle today.
We would be happy to discuss your current car insurance situation and determine the benefits you could expect from installing a Tag Tracking system. Give us a call at 1-800-516-6275, or book an appointment with one of our experienced insurance agents, and we will ensure you have the right amount of coverage for your needs.
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