Auto Insurance and Car Alarm Discount?
I reside in Indiana. I recently had a car alarm installed on my car and my insurance company (IDS Property and Casualty) informed me that since I resided in Indiana, I could not get a discount on mauto insurance. I knew that you could not get a discount for having a Lojack installed in Indiana. A: Most companies do not have a discount for standard alarms, but do offer discounts for Lojack/Onstar type systems. This is because a standard alarm really is ignored in this day and age, and it doesn’t change the risk in any way. However, a Lojack system can be used to help find the vehicle if stolen. Even then, the discount is usually pretty small (though it varies by company) since it doesn’t help the two largest risks in insurance, liability and collision.
