Thursday, January 8, 2009

Protecting Your Teen's Vehicle in Economic Crunch - Part One

Burglary and theft are up in these times of economic crisis. People are feeling the pressure and some are turning to crime.

Here are some ways you can protect your vehicle and your teen's safety...

First, install a car alarm. In a pinch, you can get one for as little as about $150 through places like Best Buy and Car Toys. Keep your eye out for their promotional sales as many of these types of business have them often.

Put comprehensive coverage on the vehicle. In case there is a break in or if the vehicle is stolen, this will cover the vehicle-- less the deductible. Depending on how much you'd like to spend and the value of the vehicle you can go with a deductible from 100 to even 2000.

Purchase a tracking device. LoJack has a 90% success rate at getting the vehicle back and average recovery time is 24 hours. Some insurance companies will even offer a discount. The downfall is the cost is about $600-$700 but there is no monthly fee. We also offer Teensurance powered by Safeco Insurance which retails at $169 for the device and then $19.99 per month for the tracking, however we offer it at the discounted $99 for the device and $19.99 monthly for tracking. Note: Teensurance is not just for teens and does not have to be bought by teen parents. Many people use it to track their own personal vehicles as a lower cost option to the LoJack or other tracking device.

You are welcome to call or e-mail us if you'd like to find out more about Teensurance! 1-888-867-2866 or info@sav-on.com

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