Do auto insurers offer discounts for dashcams?

Dashcams are small cameras that record the road when you drive.  Because they capture live evidence of what happens during an accident, many dashcam owners wonder if this technology helps them get discounts on their insurance.  Here’s what you need to know about dashcams and your car coverage.

  • Dashcams Do Not Lead to Insurance Discounts

Currently, there aren’t any major insurance companies that offer dashcam-related discounts.  However, because dashcam footage can help with the claim investigation process, experts suggest that insurance companies may start offering discounts as this technology becomes more popular with drivers.

  • Dashcams Can Still Help You Save

While you cannot access insurance discounts by having a dashcam, this doesn’t mean that they don’t help you save in other ways.  For instance, if you are unfairly ticketed, the footage from your dashcam can support your story and help you dispute the ticket.  Not only would this save you from having to pay the fine associated with the ticket, but it would also ensure that your insurance rates do not go up 15-20% following the ticket.

In other cases, a dashcam can show that you are not at fault for an accident.  This can ensure that you are not held responsible for expensive repairs, medical costs, and legal fees.  As with the speeding ticket example, this will also save you from having your insurance premiums increase following the crash.

Finally, dashcams can also help you recoup your money after your car has been vandalized or stolen.  This is because the footage captured by the camera can be used to identify and track down the criminals.  Once you know who is responsible for the damage, you can seek money to repair or replace your vehicle.

This is what you need to know about dashcams and your car coverage.  Do you have further questions about your auto insurance?  If so, then contact the experts at Weaver & Associates in Arcadia, California.  We are ready to assist you with all your insurance needs today.