WalletHub, Financial Company
Car insurance companies in the U.S. do not offer dash cam discounts. Insurers in other countries provide dash cam insurance discounts, but dash cam technology is still relatively new, and insurance companies in the U.S. do not factor it in to premiums.
Insurance companies might begin offering dash cam discounts in the future. For example, New York’s legislature is considering a bill that would require insurers to give non-commercial vehicles with dash cams a 5% discount. And many dash cam companies argue that the cameras promote safe driving, decrease insurance fraud, and prevent crimes like theft, vandalism, and hit-and-run.
Even though dash cams don’t lead to a direct discount, a dash cam could still be a good investment if you live in a particularly high-risk area or are worried about insurance fraud. Similarly, evidence from dash cams could support your case if you’re disputing a ticket or trying to prove that another driver caused an accident.
People also ask
Did we answer your question?