The global vehicle tracking system industry was worth $19.38 billion in 2021.
A car tracker system is usually a GPS tracker that is attached securely to a vehicle. The tracker can be accessed remotely, so the car can be located at any given time. Depending on the technology, the routes the car has traveled can also be recorded.
The industry continues to grow as more people become aware of the benefits of car trackers. Keep reading to learn more about these.
Locating Your Vehicle Quickly
While locating your car seems like an obvious benefit, being able to do it quickly is an added bonus. If your car is stolen, you can alert authorities and figure out where it is much quicker.
Without this tracker, you’d have to wait for CCTV footage and follow leads to figure out where it might have gone. This process is much slower and increases the chance that you lose your car forever.
Curious about how exactly this works? Click to learn more about car tracker technology.
Most tracking systems will offer the addition of a sticker to your car to alert people that it has a tracker. This means anyone who might have considered stealing your car is less likely to attempt it.
Since thieves know your car has a tracker, they also know they have a lot higher chance of getting caught if they try to steal it.
Lower Insurance Premiums
Since your chance of recovering your car is much higher, and the chance of crime is much lower, it’s far less likely that you’ll need to file claims with your insurance company.
This means your GPS car tracker can lead to lower insurance premiums. This will save you money in your month-to-month payments.
You can even use the data from your tracker and appeal to your insurance to reduce your premiums further based on your driving behavior. For example, you can show from your driving habits that you’re never in unsafe areas or driving at night.
A lot of car tracker installations include the option of an emergency feature. These additional features will sense if your car is in an accident and immediately send your location to emergency services to assist you.
While you hope to never need this feature, it can save you precious time in a medical emergency.
Lots of drivers take more care on the roads when they know there’s a tracker in their car. This means there’s a much lower chance of road accidents for every tracking unit out there.
Some insurance companies even offer rewards based on good driving.
Benefits of a Car Tracker
Now that you know about the benefits of investing in a car tracker, you know it’s a great choice! A car tracker saves you money and a lot of hassle.
Install a car tracker in your vehicles today! If you enjoyed this article, check out our blog for more content.