Why are insurance companies and underwriters so behind the times?

Jon_M

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Quite astounding really that when you go to get a quote with pretty much 99.9% of the insurance industry they fail to recognise the hard earned money you have invested in the security of the vehicle...

Battled today to secure a quote for my S3, taking into account the level of security I have invested in... No one recognises the latest S5 tracker systems, Ghost is still frowned upon cos its not Thatcham approved and as for dash cams they are seen as a "modification" in the eyes of insurance companies and not "security"...

Sorry for the rant but these companies and underwriters really need to get up to speed on the security side of the insurance market and get up to date.
 
Hi.
Just to let you know that a number of our insurance schemes do offer premium discounts for the fitment of a Thatcham S% Tracking device.
Normally discounts aren't available if the fitment of said security device is a policy requirement.
Regards,
Dan.