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Vehicle Insurance
Vehicle insurance companies may
offer discounts as an incentive to encourage fitting of
vehicle alarm and immobilisation systems to
reduce the risk of vehicle theft.
High performance cars and luxury
vehicles with a high insurance group rating may
be required by the vehicle insurance company to have
additional alarm and immobilisation systems fitted as a
policy condition.
Older vehicles and classic cars may
have an add on aftermarket alarm or immobiliser fitted
.
Most modern vehicles have a factory
fitted immobilisation system operating in conjunction
with a ' chipped' key . The coded key system greatly
reduces the risk of vehicle theft though criminals may
acquire the coded key . An additional aftermarket
alarm system may also be fitted to further reduce theft
risk. Some of the more expensive alarm systems
may incorporate remote immobilisation operating by GPS
mobile phone system or similar, allowing the vehicle to
be immobilised after it has been taken. A vehicle
tracking system may also be fitted to provide location
of the vehicle.
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