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Vehicle tracking systems are an integrated part of the "layered approach" to vehicle protection, recommended by the National Insurance Crime Bureau (NICB) to prevent motor vehicle theft. This approach recommends four layers of security based on the risk factors pertaining to a specific vehicle.
LoJack is a stolen-vehicle recovery and IoT-connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip-history, see battery levels, track speeding, and maintain vehicle-health via a native app. Prior to selling a vehicle, LoJack dealers can use the system to manage and locate inventory, view and manage battery-health, and recover stolen inventory.
An anti-hijack system is an electronic system fitted to motor vehicles to deter criminals from hijacking them. Although these types of systems are becoming more common on newer cars, they have not caused a decrease in insurance premiums as they are not as widely known as other more common anti-theft systems such as alarms or steering locks.
Maximum insurance payout 🟰[car's value] [deductible] $2,500 🟰$3,000 $500 Cost of insurance over 3 years 🟰[annual premium cost] ️[number of years]
Anti-theft systems protect valuables such as vehicles and personal property like wallets, phones, and jewelry. [1] [2] [3] They are also used in retail settings to protect merchandise in the form of security tags and labels. [4] Anti-theft systems include devices such as locks and keys, RFID tags, and GPS locators.
The system is composed of two devices: a diagnostics reader which connects to a vehicle's OBDII and a speaker with Bluetooth connectivity that can be clipped to the visor. [1] A monthly subscription is required, but also includes a mobile application for reviewing collected data and receiving alerts as well as roadside assistance. [ 2 ]
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