Maximize your insurance savings with approved vehicle tracking systems across South Africa
Insurance companies recognize that vehicles with tracking systems are significantly less likely to be stolen and more likely to be recovered if theft occurs. This reduced risk translates directly into lower premiums for policyholders.
Trackers act as a powerful deterrent to thieves who know that tracked vehicles can be quickly located and recovered.
Statistics show that vehicles equipped with tracking devices have recovery rates as high as 90%, compared to just 40-50% for non-tracked vehicles. This dramatically reduces the financial loss for insurers when a vehicle is stolen.
Many South African insurers now require trackers for high-risk vehicles or offer substantial discounts for voluntarily installing them.
Some advanced tracking systems monitor driving behavior, including speed, acceleration, braking patterns, and time of day when the vehicle is used. Safe driving habits can lead to additional insurance discounts.
Insurers view responsible drivers as lower risk, rewarding them with better premium rates.
When a tracked vehicle is stolen, the recovery process is faster and more efficient, reducing administrative costs for insurance companies. These savings are passed on to customers in the form of lower premiums.
Some insurers also offer additional benefits like reduced excess payments for tracked vehicles.
| Insurance Provider | Tracker Type Required | Typical Discount | Special Conditions |
|---|---|---|---|
| Santam | Thatcham-approved tracker | 15-25% | Higher discounts for fleet vehicles |
| Outsurance | Approved tracking system | 10-20% | Must be active and monitored |
| Hollard | SABS-approved tracker | 12-22% | Discount varies by vehicle type |
| MiWay | Category 5 or 6 tracker | 10-18% | Additional discount for safe driving |
| King Price | Any approved tracking system | 8-15% | Discount decreases as car depreciates |
| Discovery Insure | Viper or Tracker system | 15-30% | Part of Vitality Drive program |
Discount percentages vary based on your vehicle's value, location, security features, and your driving history. Always confirm the exact discount with your insurance provider before installing a tracker.
Before purchasing a tracker, contact your insurance company to confirm:
Select a tracker that meets your insurer's requirements and fits your budget. Consider:
Have your tracker installed by an accredited professional. Ensure you receive:
Provide your insurance company with:
Follow up to ensure your premium is adjusted accordingly.
Standard tracking with basic features
These systems provide essential tracking capabilities with GPS location monitoring. Suitable for most personal vehicles and typically qualify for basic insurance discounts.
Insurance Discount: 10-15%
Enhanced security features
Advanced systems with additional security layers like immobilizer integration, battery backup, and tamper detection. Qualify for higher insurance discounts.
Insurance Discount: 15-25%
Driver behavior monitoring
These systems not only track location but also monitor driving behavior. Can qualify for additional discounts based on safe driving habits.
Insurance Discount: 20-30%
Comprehensive fleet solutions
Designed for commercial vehicles with advanced features for fleet optimization. Can lead to significant insurance savings for business policies.
Insurance Discount: 15-35%
No, most insurance companies have a list of approved tracking systems. Typically, they require trackers from reputable companies with proven recovery rates and specific technical specifications. Always check with your insurer before purchasing a tracker.
Once you provide proof of installation and activation to your insurance company, the discount typically applies from your next premium payment cycle. Some insurers may apply it immediately if you're mid-policy.
Yes, if your existing tracker meets your insurer's requirements. Contact them with your tracker details and proof of active monitoring to request the discount.
Most insurance companies require that your tracker remains active and functional. If it stops working, you typically have a grace period (often 30 days) to repair or replace it before the discount is revoked.
The main cost is the tracker subscription fee. While you save on insurance, you need to ensure that the subscription cost doesn't outweigh the insurance savings. Always calculate the net benefit before committing.
Complete the form to receive personalized recommendations for trackers that will maximize your insurance savings based on your vehicle and insurer requirements.