Many vehicle drivers in Ontario will be faced with a hefty insurance premium surcharge - on more vehicle models than you think – unless dealers do this

Due to the current unprecedented rise in vehicle thefts, starting September 1, Ontario drivers faced a substantial new surcharge to their already high insurance premiums on many top-selling vehicle models.

Most people still think that thieves target only luxury vehicles and brands. The reality is that this surcharge affects many of the vehicles that you and your neighbours are driving to work every day.

This means that any time customers purchase a high-risk vehicle, they will be hit with a massive premium surcharge on their auto insurance – anywhere from $500 to $2,500 annually. This surcharge can only be waived if the customer installs an insurance-recognized theft solution. Unfortunately, manufacturer-installed GPS/navigation systems do not qualify for a waiver of this insurance surcharge.

InvisiTrak Locate is an insurance-recognized theft solution. This means that when your customer purchases and installs this device in a vehicle, the insurance surcharge can be waived, saving your customer $2,500 to $12,500 over the next five years!

KYCS also has recovery relationships with almost every level of police in Canada, through its exclusive partnership with Crime Stoppers in Canada and the U.S.

As a result of the skyrocketing incidence of vehicle theft, new-car dealers are also facing the highest garage policy premiums ever. InvisiTrak Locate is the only theft-recovery solution in the market that can save dealers on their garage policy premiums. Dealers should inquire with their garage policy provider as to whether a benefit is available for preloading their inventory with InvisiTrak Locate..

And as an added bonus, InvisiTrak Locate gives you visual inventory management in addition to theft-protection, which has proved to increase efficiencies and inventory visibility even off site at the dealership.

Dealers, your Ontario customers will now be required to purchase a theft-recovery device in order to waive their insurance premium surcharge. Start capturing this new revenue at your dealership today.

Now is the time to act. Contact your iA Dealer Services consultant to get started today.