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Anti-Theft Devices: Save On Car Insurance Premium

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With the rise in the incidence of car thefts in the country, it has become imperative that you protect your vehicle with an adequate car insurance cover. Most car owners go the extra mile and install anti-theft devices in their vehicles as well. Installing an approved safety device in the vehicle is a prudent decision as it has the dual benefits of protecting the vehicle from thefts and providing the car owner a discount in auto insurance premium.

Let us take a look at this in detail.

The Significance Of Anti-Theft Devices:

The advancement in technology has provided us with cutting-edge devices that can effectively protect our vehicles against theft, burglary, and the like. These devices help in reducing the likelihood of a car theft by enhancing the security system of the vehicle.

Car manufacturers today provide a host of safety devices with the vehicle that are in-built. However, you can choose to increase the level of protection by opting for additional safety devices after the purchase of the vehicle. At the time of installation of these devices, you should inform the insurance company, so that the appropriate changes are made in the policy coverage.

Some of the most popular anti-theft devices used in India are listed below:

  1. Mechanical immobilisers - These are the cheapest anti-theft devices you can purchase for your vehicle. Mechanical immobilisers are used to restrict the movement of the vehicle, so that thieves are discouraged from attempting a car theft. Some of the commonly used mechanical immobilisers are:
Device Description
Steering wheel lock This device is used on the steering wheel to lock it in place. It is not possible to drive the vehicle until the lock is removed.
Hood lock This device will prevent an outsider from accessing the battery of the vehicle by locking the hood in place.
Tyre lock These devices are highly visible and can be removed only with effort. Tyre locks take time to attach and detach; so these are recommended only for vehicles that are not used on a daily basis.

Other popular mechanical immobilisers are gearshift locks, brake pedal locks, and

ignition locks.

  1. Electronic immobilisers - The keys and fobs in modern cars have the ability to trigger electronic immobilisers in the vehicle. These devices have microchips that send signals to start the car. When an intruder tries to access the vehicle without these signals, the vehicle will not start.
  2. Kill switch - This is a unique anti-theft device that can shut down a part of the vehicle’s engine. Although this facility is available in some cars as an in-built feature, it can also be installed in the vehicle separately.
  3. Car alarm - A car alarm gets activated when there is an unauthorised entry into the vehicle, a sudden movement, or breaking of glass. The siren that is activated will inform everyone within earshot of the theft attempt.
  4. Vehicle tracking system - Electronic tracking devices are very useful anti-theft devices as these offer real-time tracking facility using Global Positioning Systems (GPS). Although these are slightly more expensive than mechanical immobilisers, these offer the added advantage of enabling the police to track the vehicle even after a theft.

How Car Insurance Premium Is Affected:

Almost all motor insurance companies in India encourage car owners to install anti-theft devices in their vehicles. This is a good practise that will make car owners more cautious about the safety of their asset. This will, in turn, bring down the number of car insurance claims by a considerable amount.

The car owner can choose an anti-theft device based on his/her specific needs and budget. If the device is approved by the Automotive Research Association of India (ARAI), the car owner will get a special discount in motor insurance premium. The installation will also need approval from any of the four automobile associations in India.

The discount offered is usually 2.5% of the own-damage premium, subject to an upper limit of Rs.500. The premium for third-party liability cover is not discounted. Also, if you have installed a security device in the midst of a policy year, the premium discount is applicable for the rest of the year.

ICAT Feature In Maruti Cars:

The Intelligent Computerised Anti-Theft (ICAT) System is a feature that is in-built with the latest models of Maruti cars. This device communicates with the electronic control unit (ECU) of the vehicle and makes the car immobile when there is an attempt of theft. You can only use the factory-supplied keys to enable the ECU and start the vehicle. This facility makes the Maruti car costlier by Rs.1,000 to Rs.4,500 (depending on the specific model). This also provides a car insurance premium discount of Rs.500 to the car owner. However, if you happen to lose the car keys, you will have to request for a duplicate set from Maruti.

FAQs On Anti-Theft Devices In Cars:

  1. I am planning to purchase the latest version of the Toyota Camry. Will it have any in-built anti-theft device?
  2. These days, most high-end models of cars have in-built anti-theft devices. The 2018 version of Toyota Camry has a stolen vehicle locating system that comes by default with the XSE V6 model. The LE variant has this feature as an optional package.

  3. How do I prevent a car break-in?
  4. Although it is not possible to ensure that your car is never stolen, you can take some measures to ensure that it is protected in the best possible manner. In line with this, you can get it insured adequately and have ARAI approved anti-theft devices installed in the vehicle. Installing a vehicle tracking system is very useful in this regard, as it helps in tracking stolen vehicles.

  5. What type of anti-theft device is best for my vehicle?
  6. This totally depends on your needs, your budget, the type of vehicle you own, and the probability of theft in the area where it is parked. If you do not use the vehicle too often, you can get a tyre lock that is a sure shot way to ensure that the vehicle will not be stolen.

  7. Is it necessary to install the anti-theft device at the beginning of the policy term?
  8. It is possible to get an anti-theft device installed in the middle of the policy term. In such a scenario, the insurer should be intimated of the addition and the appropriate changes should be made to the policy documentation through a car insurance endorsement. This can be classified as a premium-bearing endorsement, as there will be a change in motor insurance premium after the installation.

  9. Are anti-theft devices very expensive?
  10. The cost of an anti-theft device depends on the extent of protection it offers. The cheaper ones are the mechanical immobilisers, while the ICAT feature is on the more expensive side.

GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

Effect of Anti Theft Device on Car Insurance Premium Reviews

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  • HDFC Ergo Car Insurance
    "Need to reduce the premium"
    0.5 4.5/5 "Excellent!"
    I had a car insurance with HDFC Ergo and I felt the premium is very high hence I changed my insurance provider. The customer service is very good. There was no claim experience. The policy period is one year. It is a zero dep policy which includes bumper to bumper and RSA. It is a first party insurance.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • New India Car Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    My car insurance was recently purchased with New India Assurance through online. When I logged into the online site it gives better option with multiple insurer and I felt New India Assurance is good with reasonable premium and better benefits. I have paid 13,500 rupees for a year. I got the insurance paper. The claim experience is very good.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • ICICI Lombard Car Insurance
    "Good Policy."
    0.5 3.0/5 "Satisfactory"
    I have bought my car insurance with ICICI Lombard for last 5 years which I'm continuing for with the same company. The claim experience was better and when i applied for the same, they have given upto 80%. Its covered with bumper to bumper facility. They have given the claim in 1 week.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2019
  • Royal Sundaram Car Insurance
    "Good policy "
    0.5 5.0/5 "Blown Away!"
    My car insurance was purchased in the year 2014 with Royal Sundaram. My dealer has recommended me about this policy. I pay the premium amount of Rs. 14000 with the coverage value of Rs. 6.27 lakhs which covered with the bumper to bumper facility.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jan 22, 2019
  • Bajaj Allianz Car Insurance
    "Good Policy"
    0.5 3.0/5 "Satisfactory"
    I had taken this insurance policy a while back and the premium amount has been quite good and not too high. The payment method has been easy and there has not been any sort of charges, and the policy covers bumper to bumper. Their customer support has also been responsive and was helpful as well.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 22, 2019
  • ICICI Lombard Car Insurance
    "Its Good"
    0.5 4.0/5 "Great!"
    There was no claim experience for my Tata Tiago with ICICI Lombard. I have renewed the car policy at last june, I paid the amount around Rs. 10,600 because its around 1.5 year old vehicle. I took comprehensive plan which includes loss , damage, ICICI Lombard got tie up many showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Best cover"
    0.5 4.0/5 "Great!"
    Very recently I took policy from Car insurance for my new Baleno car, it was done by ICICI bank, they deducted insurance fee from the loan. The loan department issued the policy copy on time. For first year its 100% coverage available its a bumper to bumper with ex showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Good Car Insurance policy"
    0.5 4.0/5 "Great!"
    I have selected the ICICI Lombard for my car since the dealer has given me this insurance. I have been paying the premium amount of Rs. 15000. This is not covered for the bumper to bumper facility. They have given me a IDV value of Rs, 3.10 lakhs. They are providing the good garage facility all over the city.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • United India Car Insurance
    "Yet to experience the policy"
    0.5 3.0/5 "Satisfactory"
    I have applied the claim for my car recently. I have given the car into the showroom and they have asked me to inform in the insurance company. When i visited other branch they have asked me to the home branch. They have given me a sufficient IDV value. Its covered with a bumper to bumper facility.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Reliable Policy"
    0.5 5.0/5 "Blown Away!"
    Purchased my car insurance through ICICI Lombard and They have given me a low premium since i have taken a loan from ICICI bank. They have given me a good IDV value. This is a bumper to bumper covered policy. They have given me a road side assistance, no claim bonus benefits.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 21, 2019
  • National Insurance Car Insurance
    "Good Insurance"
    0.5 3.0/5 "Satisfactory"
    My Honda amaze car got insured with National insurance for one year of tenure period. I think my old premium amount was around Rs.30,000. I took first party comprehensive plan it covers for loss, damage, theft. The customer support is good even the IDV is good.
    Was this review helpful? 0
    , bhubaneshwar
    Reviewed on Jan 21, 2019
  • ICICI Lombard Car Insurance
    "Competitive price"
    0.5 5.0/5 "Blown Away!"
    I have taken a car insurance from ICICI Lombard and the service is really good. I spoke wtih the customer care once for the claim. The garage people taken care of the full settlement process. The premium amount is nominal. They have given me a best claim what they can offer according to their norms.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • Royal Sundaram Car Insurance
    "Economic offering and wide accessibility"
    0.5 5.0/5 "Blown Away!"
    Because it was good comparison between other companies hence i have chosen the Royal sundaram. The premium amount is reasonable. The IDV value is good. This a comprehensive policy which covers third party insurance. They have tie up with most of the garages. They have cashless facility in most of the places.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2019
  • Royal Sundaram Car Insurance
    "Average"
    0.5 3.0/5 "Satisfactory"
    I took my car insurance with Royal Sundaram. I never contacted the customer service. It is a default insurance from the showroom. The premium is high because I go for bumper to bumper offer, road side assistance, zeo dep. It is a first party insurance and no claim. The policy period is one year.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
  • SBI General Car Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    The showroom people has offered me a car insurance policy with SBI. I have made a premium amount of Rs. 22000. They have given me a coverage value of 100%. Total IDV value is 90% of the car value. I have no claim experience till now. The documentation process was done by showroom.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • National Insurance Car Insurance
    "Smart protection with National"
    0.5 4.0/5 "Great!"
    The major factor to chose National Insurance because of the premium is economic, I took the policy for 3 years the IDV value remains the same for the whole tenure. The customer support is good on time they activated the policy. I have Tata Tiago , its around four months vehicle. Its zero depreciation comprehensive plan. I taken the policy through showroom.
    Was this review helpful? 0
    , lucknow
    Reviewed on Jan 19, 2019
  • ICICI Lombard Car Insurance
    "Satisfied with the policy"
    0.5 5.0/5 "Blown Away!"
    My car insurance is with ICICI Lombard. The customer services are good and I got the policy documents on time. The policy coverage is good and there are features of a road side assistance is there. The premium is economical too. Good overall.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
  • ICICI Lombard Car Insurance
    "Need to reduce the premium"
    0.5 3.0/5 "Satisfactory"
    I had a car insurance from ICICI LOMBARD which was offered by the showroom at the time of purchasing the vehicle. I felt the insurance premium is very high compared to others. I got a reminder call from the customer service at the time of renewal. It has zero dep for one year.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • Tata AIG Car Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I took my car insurance from TATA AIG through online channel. They have given lesser premium with zero dep and it includes road side assistance. The customer service is very good. The policy period is one year. I have no claim experience. It is a first party insurance.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 19, 2019
  • Tata AIG Car Insurance
    "Satisfied policy"
    0.5 5.0/5 "Blown Away!"
    TATA AIG is the best company to take the car insurance. Since long time i have taken this insurance. The customer care people used to call me to renew the policy and they used to policy renewal letter. I will do payment through online. Several times i have claimed the policy and i have received very good response.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jan 18, 2019
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