Vehicles today have more safety features. They come with the vehicle. Older model vehicle owners can purchase these separately. One of these is the backup cameras. Those that have them wonder if they can get an insurance discount.

What is a Back-Up Camera?

camera

A backup camera is as the name states. It is a camera that’s affixed to the rear of the vehicle. It allows the driver of the vehicle to see what is behind the vehicle. Viewing is though a screen that they can see while in their driving position. When the car is in the reverse position, the camera turns on. With there being so many different versions of these on the market it can be a challenge to pick the best one.  Reviewing their components is important.

The Size of Lens of the Camera:

A view of 130 degrees is good. However, a 180-degree viewing angle is much better,

Lines of Guidance:

Some of the backup camera models provide an image of backup lines that are seen easily on the screen. It guides the driver to stay within the lines. It can help prevent the hitting of objects that may be on either side of the car. These guidance lines are an additional benefit. Some cameras have this built in, but others do not.

Location of the Screen:

Some of the camera models allow for mounting the screen on the dashboard. Others are in the rearview mirror. Images appear larger on the dashboard screen. However, the mirror version is something that the driver may be more used to looking at for backing up.

Sensors for Parking:

Some of the backup cameras have this additional protection built into the cameras. They can detect objects that are stationary. Sometimes objects like a fence or pole may trigger them which can be annoying.

Will Insurance Companies Give Discount s for Backup Camera Usage?

Insurance companies are well known for weighing the risks a driver may have. It is what they do when they are deciding on what the best insurance coverage is for the driver. Plus, it helps to determine what the premiums will be. These cameras are an extra safety feature. So shouldn’t the insurance companies consider them to lower risks?

It appears as though currently this is not the case.  The Insurance Companies are not offering any insurance discounts for the backup cameras. That doesn’t mean to say they are not giving some thought to them.  There may be two different viewpoints they may take with these cameras.

Some insurance companies may view them as being an additional item to the car. Which means another item that could become damaged. If so, then it would mean the insurance company would have to cover the cost of this. There may be other insurance companies that may be giving some positive consideration.  Yet, they are not offering any formal discount.

How Do You Know Which Way Your Insurance Company is Thinking?

Previous experience with Insurance companies may have shown the Insurance company will ask questions. They are important questions.

The answers help them determine the premiums based on risk factors. The insurance shopper should also ask questions. One of the best ways to approach insurance buying is to first get several quotes. Then compare these quotes using some set criteria.

Aside from just looking at the lowest premium, some additional questions are worth asking.

Should You Tell Your Insurance Company You Use a Backup Camera?

backup camera

One of these questions should be about the backup cameras.  Find out if the Insurance company has a negative or positive outlook on this safety device. If it is negative, then ask if the insurance premium increases because of it.

Then the answer provided by the insurance company is going to be important. At least for those that have the built-in cameras.

Drivers should consider what the Insurance company is saying about them. Especially if the driver is considering buying one.

Insurance Company Resources

Insurance companies rely on different types of data. It’s used for determining Insurance costs for the client.

They also may look at expert resources to see what information they have gathered. For example, one of these resources will be the Insurance Institute for Highway Safety. It is an organization that gathers driving data for both the USA and Canada.

The IIHS has conducted studies that put the backup cameras in a positive light. The study concluded that one in six backup accidents could are avoidable. Provided this device is active and used. The number of backup accidents is alarming.

Are Back Up Cameras Mandatory?

To help combat this, there is new legislation coming out. It will state that all new cars now made must include the installation of a backup camera. It’s going to be the responsibility of the vehicle manufacturer. This new ruling will reduce the need for Insurance Companies to have to make a decision about them.  However, they will still have to consider these for older vehicles. It will apply for those drivers that want to buy one of their own.

Could a Backup Camera Help You with Your Insurance Indirectly?

help

Insurance Companies are not putting a lot of focus on the backup cameras at the moment. At least not when it comes to offering premium discounts for it. There may be an indirect way for these cameras to help. At least with the lowering of premiums.

The driver’s record plays a role in the cost of premiums. A driver that hasn’t had any accidents is going to get better-priced premiums. If a backup camera helps reduce your risk of an accident, you can use this to your advantage. The more resources you can use to reduce your risks of an accident, the better it is for you. You can take these extra steps to safeguard your good driving history.

At the moment it comes down to personal preference for the backup cameras. Some drivers feel far more comfortable using this extra safety device.

Resources:

http://www.einsurance.com/journal/how-safety-ratings-affect-what-you-pay-for-car-insurance/
http://www.iihs.org/iihs/sr/statusreport/article/51/9/4