In the past few years, auto theft around the province has been at an all-time high. According to Toronto Police Services, over 9,600 vehicles were stolen in 2022 alone. Did you know that a car is stolen every six minutes in Canada? Cars are becoming easier targets by the minute as numbers and frequency build, along with the sophistication of theft technology and criminal activity. Not only does this pose a high risk to each driver, but to auto insurance providers, as well. With pressure to replace vehicles for an exponentially growing rate of clients’ vehicles, it is safe to say that auto theft is a significant issue for everyone involved. Let’s take a look at what anti-theft tags are, who is offering them and which policy holders are currently eligible.
What are anti-theft tags?
The Tag system is an electronic identification system to track your vehicle with its anti-theft tag technology. This is more efficient because a potential thief can’t tamper with the system. The system will remain online even if thieves cut wires or antennae within the car. Most thieves are less likely to target your car because of the driver and passenger side windows logo to show off your vehicle’s protection.
Which insurers are offering the Tags?
However, some auto insurance providers are taking strides to help lower the curve. As a mutually beneficial solution, Aviva Insurance and Traders General Insurance Company have partnered with Tag, one of North America’s best-stolen vehicle tracking and recovering systems, with their auto-theft tags. Let’s take a deeper look below.
How do the Tag anti-theft tags work?
The technicians with the company install multiple nearly nanoscopic tracking devices around the vehicle. Each device has its own serial number and in the event of the vehicle being stolen. The devices will identify each part as stolen, making it more difficult to buy and sell. Once you advise the company of the theft (who are on call at all times), they will dispatch retrieval vehicles that are ground-based or light aircraft. While retrieval may take longer, stolen vehicles are usually found within an hour of the initial alert. While the Tag technology is transferrable, there are conditions. For more information, visit their website.
Which car models are eligible?
This partnership allows auto insurance distributors to provide an anti-theft tag, which has a value at $400, at no extra cost. However, there are conditions. This only applies to those who own cars that are statistically at higher risk of auto theft. As well as to be eligible, owners must also live in areas that they classify as “hotspots for auto theft”. These include:
- Lexus RX 350
- Land Rover Range Rover
- Jeep Grand Cherokee
- Toyota Highlander
- Honda CRV
- Ford F-150
- Dodge Ram 1500
Remember, you should always choose safety first with your vehicles, especially in high-risk areas or vehicles. Here at isure, your safety is our top priority. For more information about who is eligible for anti-theft Tags or to submit a claim, feel free to reach out to any of our knowledgeable isure brokers.
