If you're searching for ways to protect your vehicle and reduce your insurance premiums, you're probably wondering, “Can installing a GPS tracker make a difference?” The short answer is yes! Many insurance companies in Australia factor GPS trackers into their premium calculations, offering discounts for vehicles equipped with these anti-theft devices.
This guide explores which insurance companies may offer discounts for GPS trackers in Australia, why these devices can lower premiums, and how you can qualify. Plus, we'll show you how Trackershop Australia can provide the solutions you need to meet insurance requirements.
See our range of the best GPS car trackers.
Can GPS Trackers Help Lower Your Insurance?
GPS trackers are quickly becoming a must-have for vehicle security, making them an attractive option for insurers. Why?
• Theft prevention: GPS trackers help deter theft and improve recovery rates if a vehicle is stolen, reducing the insurer's overall risk.
• Claims accuracy: Trackers provide insurers with precise data on a vehicle’s movements, simplifying claims and minimising disputes.
While not all insurers openly advertise discounts for GPS trackers, many consider them when assessing a vehicle's risk profile. With companies like Trackershop Australia offering reliable trackers, getting on the right side of your insurer has never been easier.
Why Do Some Insurance Companies Offer Discounts for GPS Trackers?
1. Theft Prevention
Vehicles fitted with GPS tracking devices are less likely to be permanently stolen. Their ability to locate and recover stolen vehicles quickly lowers the chances of high-cost claims, making them a preferred choice for insurers.
2. Claims Efficiency
If an accident or theft occurs, GPS trackers can provide valuable data such as location and incident timing. This reduces disputes and allows insurers to process claims faster.
3. Fleet and Commercial Policies
For fleet vehicles, GPS tracking reflects responsible business operation. Insurers tend to reward businesses that invest in reducing risks with better premiums.
Which Insurance Companies in Australia Offer Discounts?
You won’t always find GPS tracker discounts advertised by insurance companies, but the following popular Australian insurers are known to take these devices into account when calculating premiums.
1. NRMA Insurance
• May offer discounts for high-value vehicles or commercial fleets with GPS trackers installed.
• Case-by-case discounts available for unique policies.
2. AAMI
• Known to offer lower premiums for business vehicles with integrated GPS trackers, particularly in fleets.
• Speak to an AAMI representative to confirm details for personal vehicles.
3. Allianz
• Flexible insurance policies for fleet management and high-value cars.
• GPS trackers are seen as part of risk-reduction strategies.
4. Suncorp
• Recommends trackers as an added security measure for vehicles.
• Commercial customers are more likely to benefit from premium reductions.
5. QBE
- Businesses with fleet insurance can enjoy discounts if GPS tracking is part of their risk management approach.
- Contact QBE for tailored policy details.
6. RACV
• Often offers discounts in high-theft areas where GPS tracking devices reduce the likelihood of non-recovery.
How to Find Out if Your Insurer Offers Discounts
Here’s a step-by-step guide to ensuring you maximise your savings with a GPS tracker.
Step 1: Contact Your Insurer
Ask specific questions such as:
• “Do you offer discounts for vehicles fitted with GPS trackers?”
• “What GPS tracking features do you require to approve a discount?”
Step 2: Review Your Policy
Double-check your insurance documents for any mention of vehicle security measures or anti-theft system discounts.
Step 3: Provide Proof of Installation
Most insurers need evidence that a GPS tracker has been professionally installed. Trackershop Australia connects you with licensed installers across the country.
Step 4: Update Your Policy
Once your insurer approves the discount, request written confirmation in your updated policy. Clarify whether the discount is one-time or ongoing.
What If Your Insurer Doesn’t Offer a Discount?
Even if your specific insurer doesn’t provide a direct discount for GPS car trackers, these devices still hold value in other ways.
Advantages of a GPS Tracker Without Discounts:
• Theft Risk Reduction: Lower chance of loss or non-recovery.
• Faster Recovery: Minimises downtime and additional costs.
• Lower Claims: Reduced claims over time can lead to renewal discounts.
Alternatively, shop around for providers more willing to reward your proactive vehicle security.
Why Choose Trackershop Australia?
When it comes to selecting the ideal GPS tracker for insurance purposes, look no further than Trackershop Australia. Here’s why we stand out:
Australian-Owned and Operated
Enjoy responsive local customer support and fast shipping anywhere in the country.
High-Quality GPS Trackers
• Real-time tracking and alerts.
• Features like geofencing and tamper detection.
Insurance-Approved Devices
Our trackers meet common insurer requirements for professional installation and reliable monitoring.
Expert Advice
Our team helps customers select the right GPS tracker for personal, commercial, or fleet use.
Real Customer Experience
Here’s what one of our satisfied customers had to say:
“Jane from Melbourne saved 10% on her car insurance after installing a Trackershop GPS tracker. Her insurer acknowledged the lower theft risk and applied a discount to her premiums.”
FAQs
Do all insurers offer GPS tracker discounts?
No. Discounts vary by insurer and may depend on vehicle type, tracker features, and policy terms.
What features do insurers want in a GPS tracker?
Key features include real-time tracking, tamper alerts, and professional installation. Make sure your device aligns with your insurer’s requirements.
Protect Your Car and Lower Your Premiums
Want to safeguard your vehicle and potentially enjoy insurance discounts? Browse Trackershop Australia’s GPS tracker range for high-quality solutions that meet common insurance standards.
You can contact us 7 days a week on live chat or email us at info@trackershop.com.au
With Trackershop Australia, achieving peace of mind and savings has never been easier!
