Having a fender bender is one thing but having a more serious car accident can bring on extra complications and even law suits. In the past we sometimes had to rely on eye witnesses to describe what they saw in order to determine fault and liability. Although it’s still good to have eye witnesses there are now other means of determining what exactly caused and accident. Dash cams are a recent invention that is seeing more popularity among motorist who want to make sure they have proof if something unexpected happens. So how do insurance companies feel about dash cams?
Insurance companies welcome the use of dash cams. By recording an accident, a dash cam can help a policy holder prove that they weren’t at fault. This would allow them to claim benefits. Dash cams can help in other ways too. A dash cam can help drivers avoid traffic violations by offering the video footage as proof to law enforcement officers that they are innocent. Dash cams can also be a great help in fighting insurance fraud.
Because of the ability that dash cams have to keep drivers out of trouble they can have a favorable effect when it comes to the price of a policy. As mentioned before, a dash cam can help a policy holder avoid traffic violations and insurance fraud. It can also help prove fault in an auto accident. These factors are reflected in the driving record of the policy holder and when it comes time to get an insurance quote, they can have a positive influence and result in reduced rates.
There may not be a direct discount on insurance just for having a dash cam, but indirectly, it can save you money over the long run. Having a dash cam is a good idea regardless of any car insurance savings. A dash cam can help you get out of many situations.