Many people consider dashcams a crucial part of their cars. Some don’t even start driving without turning it on, and for a good reason.
Considering dashcam benefits, such as promoting safer driving, avoiding fraudulent claims, better risk insight, and more, many would want to know if possessing a dashcam is linked to car insurance or how it affects it. More specifically, does having a dash cam reduce your car insurance?
Find a concise answer on this topic and more about dash cams below!
Does Having a Dash Cam Reduce Your Car Insurance?
Insurers favor dash cam users, so they may offer you cheaper car insurance if you have one in your car, but there is no specific policy that will give you a discount for simply possessing a dash cam. The main reason for installing a dash cam in your car is that it can give you added safety and security by capturing any incidents on video as they occur.
So, does having a dash cam reduce your car insurance? This question doesn’t have a definite answer, but adding this feature to your car could save you money on auto insurance in the long run by allowing you to establish that you were not at fault in an incident with recorded evidence.
Furthermore, if you’ve told your insurer that you have a dash cam but then filed a claim without having the evidence to back it up, you may be required to return any savings you’ve received. It may also render your policy null and void.
What Are the Benefits of Dash Cams?
Promote safer driving
Dash cams can make a driver feel more secure in general. Most dash cam equipment includes GPS and cloud connectivity. When your dash cam is turned on, it will record the time, date, speed, and direction of travel. You can even use your smartphone to view what is going on in real time. This might be a useful tool for everyone who drives alone at night.
Avoid fraudulent claims
It is not uncommon for fraudsters to fabricate an accident to deceive an insurance provider. Investigators can use dashcam data to expose fraud and avoid insurance claims that could boost your rates.
Better risk insights
The easiest method to cope with rising insurance costs caused by car accidents is to limit them in the first place. You can use dash cams to detect dangerous driving habits in your fleets, such as distracted driving, tailgating, rolling stops, and harsh driving, and teach drivers to reduce risk.
Is Having a Dash Cam Worth It?
The capability to save, download and share dashcam video evidence has been utilized to uncover criminals, prove driver innocence, and protect passengers and drivers alike. Not only that, dash cams may do far more than simply hold others accountable for their own careless driving.
As more people put dashcams in their vehicles, they will become more aware of their own driving habits, leading to safer driving overall. So, is it practical to invest in a dash cam? The answer is nearly always yes these days, and people are going out and purchasing these devices for their automobiles to protect themselves.
Another consideration when purchasing a dash cam is that some models are simple to set up oneself, while others may require professional installation. Before purchasing a dash camera, consider what you want it to accomplish and ensure that it is operating properly before relying on it for video evidence.
Will Insurance Companies Accept Dash Cam Footage?
Dash cams can record a lot of information that will be quite valuable when submitting an insurance claim. Dash cam footage makes the job of an insurance provider much easier. It’s sometimes all the evidence you’ll need to establish a claim, especially if you have a high-quality dash cam capable of shooting clear video.
Insurance companies can gain critical information from your dash cam footage ranging from license plate numbers to speed and direction of travel. As a result, the footage may assist a driver who is not at fault in retaining their no-claim bonus and avoiding having to pay an excess.
Is Dash Cam Video Admissible in Court?
This may vary depending on where you live, but dash cam footage is typically admissible in court. This might be extremely useful if there is any doubt about who was at fault in an accident or arresting a burglar. It’s vital to note that you should only use a dash cam in public places, as filming on private property or recording people without their consent could result in legal complications.
Read more: Does Installing A Dash Cam Void Warranty?
Conclusion
Does having a dash cam reduce your car insurance? The answer depends on your insurance company’s policies; however, as previously stated, having a dash cam will undoubtedly help you in the long run. So I would recommend that you buy a dash cam right now.