Lo-Jack & Insurance
Nov 5, 2006, 01:24 PM
#1
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Lo-Jack & Insurance
I bought my car yesterday at the dealership and I got lo-jack as well for $1000. I was told it would save on insurance, but how much would I be saving? I would think like a hundred dollars or so?
How much did you guys save by getting lo-jack?
How much did you guys save by getting lo-jack?
Nov 5, 2006, 02:05 PM
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...unfortunately I have found that the quotes the dealers use is very misleading...like saving 10%...back when I got lo-jack on my accord it only saved $10.00 per 6 months...pretty cheezy...
...and recently on an IS350 my friend was told the same exact line of doo-doo and again the insurance company saved somewhere around $15.00 per 6 months...I'd say its best to get it for a piece of minds sake or if you really want to save money then ask your insurance carrier first before you spend the $1000.00 on lo-jack...
...dunno if it has changed, when I had it I had to pay an annual upkeep on lo-jack
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Lewis
...and recently on an IS350 my friend was told the same exact line of doo-doo and again the insurance company saved somewhere around $15.00 per 6 months...I'd say its best to get it for a piece of minds sake or if you really want to save money then ask your insurance carrier first before you spend the $1000.00 on lo-jack...
...dunno if it has changed, when I had it I had to pay an annual upkeep on lo-jack
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Lewis
Nov 6, 2006, 06:55 AM
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I am saving about $175 per year with my insurance company.
Lojack recommends that you have the maintenance to check the battery for the system every two years now, which costs $69.
Remember, the primary purpose of Lojack is to act as a recovery system and not to lower insurance. If you want to lower your insurance, then figure out what type of alarm or anti-theft system your insurance is going to give you the biggest discount for. Most insurance companies give you this information in all of the paper-work you get when you first sign-up with them.
Lojack recommends that you have the maintenance to check the battery for the system every two years now, which costs $69.
Remember, the primary purpose of Lojack is to act as a recovery system and not to lower insurance. If you want to lower your insurance, then figure out what type of alarm or anti-theft system your insurance is going to give you the biggest discount for. Most insurance companies give you this information in all of the paper-work you get when you first sign-up with them.
Nov 7, 2006, 03:38 PM
#5
Originally Posted by blockhed79
In jersey I was told by my insurance comp (Geico) that I would save 370 dollars if installed.
Nov 7, 2006, 08:49 PM
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i got my lo jack for free with my dealer.. and btw this maybe and oof topic but i might put a claim coz of my broken wing.. my insurance broker that t wouldnt jack up my premium because im gonna claim it as "vandalism" so i wont get points for it...
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Nov 7, 2006, 08:53 PM
#8
My insurance didn't give me jack. I was told most companies will take some amount off, but those sons-a-*****es denied me. You should ask your insurance first, there is no guarentee they will help you out.
