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Insurance Discounts for Drivers with Dash Cams

Why drivers with dash cams deserve insurance discounts

Dash cams act as an added layer of protection for drivers by recording video footage in the case of a potential accident. They can be mounted on the windshield of any car, and many dash cams also have a rear component to monitor activity from behind. When an accident occurs, drivers can send unbiased video evidence backing their claims to insurance companies, thereby determining which party is at fault. BlackboxMyCar customers have proven time and again that dash cams can only be beneficial for Insurance companies such as ICBC, saving them time and money while potentially speeding up the claim process.

Without a doubt, dash cam popularity has risen exponentially in recent years, yet why are North American insurance companies failing to get behind this growing phenomenon? Companies have yet to extend car insurance discounts to dash cam buyers despite their numerous benefits.

Here’s why BlackboxMyCar thinks ICBC should be the first:

Encourages safer driving

Dash cams can be used as a tool to encourage safer driving on the road, the introduction of advanced tracking technology known as ‘advanced driver assistance systems’ warns drivers when lane changes occur, when red lights are run, and monitors the car’s overall interaction with surrounding traffic. Some dash cams also have built-in detection for driving speed vs speed limits, break force and timing, as well as for driving time and distance. These ADAS systems have a number of other valuable features like forward collision warning systems (FCWS), which warn drivers when they’re too close to the car ahead. An audible alert and a screen warning will encourage safer driver distances when unintentional tailgating begins to occur. Fundamentally, by nature, humans behave differently when they know they’re being monitored.

Both young and experienced drivers can benefit from this black box technology; as well as promoting safer driving amongst dash cam users, they can likewise encourage safer driving amongst fellow motorists, acting as a physical reminder to take greater care on the roads.

As more and more consumers seem willing to invest in this innovative technology to prove they are safe drivers, it stands to reason that insurance companies like ICBC should provide some sort of compensation in return. While ICBC does currently offer up to 30% in discounts for being accident free, we have to ask why they refuse to provide a similar concession for dash cam owners?

Other countries are ahead

North American insurance companies like ICBC continue to lag behind when it comes to compensating dash cam owners. While they welcome dash cam footage as viable means to support a claim, they neglect to instill a reimbursement or discount program for dash cam users. AXA Insurance, a London UK based company, offers 10% discounts to drivers who have a professionally installed dash cam. They recognize the value in this small device in providing a long term return on investment for both insurance companies and drivers.

Another valid example comes from Korea, where there is an annual premium discount and reduction in insurance rates for registered vehicles equipped with dash cams. By 2011, there was a reported 1.5 million dash cams installed in vehicles throughout South Korea, which was years before any interest in this technology even reached North America. As a result of dash cams becoming more mainstream in South Korea. traffic accidents were reduced by 17.7%, deaths caused by car accidents reduced by 18.9%, and casualties lowered by 19.1%.

These statistics not only show a substantial reduction in the number of car accidents, but also the amount of injuries sustained and deaths overall. A Korean Transport Institute study commissioned by the Department of Traffic Safety also shows:

  • Insurance companies in South Korea have premiums with 3-5% discount for vehicles equipped with a dash cam
  • For example, Hyundai Hicar Direct Auto Insurance Co., Hanhwa Insurance: gives a 5% discount for dash cam usage in everyday cars
  • Assuming that all vehicles in South Korea have a dash cam installed (assuming $200 per vehicle), the benefit of this is assumed to be a reduction of about 10% in traffic accidents. The nationwide cost of traffic accidents is $12,959,900,000 annually

If the benefit of having dash cams is $1.3 billion annually, over a 5-year period, $6.5 billion can be saved. As there is a significant overall cost benefit for Korean drivers overall, there is an argument of cost benefits outweighing any installation and investment costs associated with dash cam technology.

Helping hit and run situations

Did you know that dash cams can help protect your car while it’s parked? Some cameras have built in “parking surveillance” or “parking mode” options, meaning they can run while your car is parked and protect your vehicle from hit-and-run situations. Some dash cams also have advanced infrared sensors for recording at night and in bad weather. Collecting footage that proves you have been the victim of a hit and run, could discourage dishonest drivers and help penalize them with video evidence. Wouldn’t it be nice if the insurance premiums of hit and run drivers were the only ones impacted as a result of their dishonest actions? Investing in the right device for your needs is an added protection for your car. When it comes to renewing insurance, if hit and run victims could prove they were not at fault, premiums wouldn’t have to raise, deductibles wouldn’t be affected, and drivers could continue without affecting the “no claims bonus” already provided by insurance companies.

Fraudulent claims

Story after story has surfaced of fraudulent claims made by drivers to take advantage of insurance companies. This includes staging accidents or pedestrians who purposefully run into the path of oncoming vehicles so as to claim personal injury. Fraudulent claims are the hardest cases to prove. As the sole insurance provider for BC residents, any excess payments awarded by ICBC for fraudulent gain can negatively impact our premiums and payments.

A CBC News report stated that:

  • Opportunistic fraud was the most prevalent exaggerating the extent of one's injury
  • Premeditated fraud was less prevalent staging an accident
  • Fraud was more widespread in major cities and towns

A consumer group study conducted by the Canadian auto insurance industry also found that one in four claims have “elements of fraud.” This means that insurance companies like ICBC are progressively losing money for vehicle accidents when it could be avoided. The existence of video testimony can serve as substantiating evidence and could prevent fraudulent claims from happening in questionable situations.

ICBC’s take on dash cams

The Insurance Corporation of British Columbia, better known as ICBC, has finally weighed in on the dash cam phenomenon. In an emailed reply to ‘The Province’, an ICBC spokesperson stated that "Driving is a complex task that requires our full attention" and “while it is not illegal to have a mounted camera in a vehicle...we don't encourage the use of any electronic devices while driving because there is always the potential for it to be a distraction." However, there is an overwhelming lack of evidence to prove that dash cams are a distraction for drivers.

A 2017 study conducted by JamPR surveyed over 800 adults, the majority of whom were drivers, asking their thoughts on whether or not dash cam owners should get a discount on their car insurance.

  • 70% of people polled agreed that ICBC should provide a discount to drivers with a mounted dash cam in their vehicles
  • 35% of those “strongly agreed” with this thought. After all, why wouldn’t ICBC want to reimburse dash cam owners?

The concerns listed in this article are certainly nothing new to drivers in large cities like Vancouver; these issues are going to keep occurring and will most likely never stop unless something changes. While we can’t declare that dash cams would completely eliminate fraudulent claims and hit and runs, if ICBC had a viable program in place for dash cam users, we are confident that the number of claims would drastically decrease, as demonstrated by other countries around the world.

We are in possession of valuable technology which effectively encourages safer driving, reduces the power of fraudulent claims and acts as an impartial witness in accidents, yet this all comes at an additional personal expense. North American dash cam owners are literally paying out of their own pockets to protect themselves while on the road; BlackboxMyCar has to ask when will they be rewarded for taking extra safety measures to encourage higher standards of road safety? When will they see an insurance break or reimbursement policy for purchasing dash cams? They shouldn’t have to pay hundreds more in order to feel safe on the road or prove their innocence when accidents happen. Taking road safety seriously should be actively recognized and rewarded.

As ICBC is already in a $1.3 billion deficit, it will certainly be interesting to see in the coming years if any North American insurance companies will follow in the footsteps of Asia and Europe by offering a reasonable discount in car insurance.

We at BlackboxMyCar continue to lobby for fair compensation for dash cam owners everywhere. We want our Insurance companies to wake up and publicly acknowledge just how valuable this technology can be, offering a physical return on investment for our customers.

Don’t have a dash cam yet but want to become part of this growing movement for increasing road safety? We can help!

BlackboxMyCar aims to justice in any wrongdoings, careless driving and criminal activities on the road by providing products that effectively protect our community.

As North America’s largest supplier of dash cams, our main priority remains the safety of our customers, so we are pleased to offer a complete service from research to installation. Choosing the right dash cam is no less important than purchasing the car it will be mounted in; you need to be sure that you’re getting a high-quality product that will perform well under pressure. Given the sheer number of dash cam brands on the market, and a constant stream of new models emerging each year, it is certainly easy to feel overwhelmed by choices.

This is where BlackboxMyCar comes in

Let our patient and attentive sales team guide you through the buying process, helping you select a dash cam that is best suited to your needs and your price range. We have a wide range of cameras and accessories so we are confident that we have something for everyone! Once you’ve picked the right camera for you, we offer local installation services or even provide easy step-by-step video instructions which can guide you through the setup process. Finally, our knowledgeable support staff are always on hand to help you troubleshoot and answer any questions you might have post-purchase.

If you are not 100% satisfied with your dash cam, then we are not doing our jobs correctly! We have witnessed time and time again how a dash cam can protect our customers on the road, so you can trust that we sell only the most reliable products on the market.

Visit us in-store or online, and protect your car today!


Insurance Discounts for Drivers with Dash Cams

Based on 4468 reviews
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I don’t install yet

Less Strain On Car Battery (2020 Hyundai Kona Ultimate)

It has been 4 days since the installation of the Cellink NEO Battery, serviced by a fantastic installation team. The NEO gives me an ease of mind knowing that it has added an extra 13-15 hours of running time to my Dual Channel Thinkware U-1000 dash cam system whilst my vehicle is turned off (parking mode). First off, it has been less stressful for me when starting my car because I don't see the "Battery Discharged" warning anymore, knowing that the NEO has put less strain on my car battery. Additionally, with a 40 minute drive-to-charge time frame, it isn't bad at all as my commute to and from work equates to approximately 45 minutes. Therefore, I get a full charge on the NEO that gives me 20-22 hours of run-time on my dash cam. One advice I would give to potential dash-cam buyers in making the jump to buy this battery is: if you haven't gotten a dash cam yet and if you are opting for the installation service, purchase your dash cam and the NEO together and pay for just 1 installation. I made the mistake of having to pay for 2 separate installation services because I decided to buy the battery later on and could have saved $200.

Hi Kevin, thanks for leaving a review. Great advice! Hope you're loving your Cellink NEO. Come back anytime if you have any other questions.
Fits 2020 Rav4 XSE hybrid

I installed this on the small space right hand forward of the spare tire. The thickness of the Cell link Neo is just perfect. It it was a little bit thicker the rear cover will not be flush with the floor. Negative connection was done directly to the vehicle 12V accessory battery as it is mounted at the right rear tail. ACC input was connected to the accessory rear 12V outlet. Cell link Neo powers 2 Garmin dash cam minis.

I wish the Cell link Neo have an option to change the name in the app. I have another Neo battery on another vehicle and it is hard to remember the serial numbers. But overall it works great.

Hi there, thanks for leaving a detailed review. Glad to hear that the Cellink NEO is everything you're looking for :) let us know if you have any questions in the future.
Easy installation

Works as described

Hi Vinh, thanks for leaving a review!

Great service

Thanks for leaving a review, William!
Product and shipping

Shipping and blackboxmycar are great.

Product is expensive and 3m tape will not fit properly. For an expensive product from thinkware i would assume products would come with vehicle specific or general items to install properly. Other options than the 3m tape.

Keep in mind to take measurements for placing the main unit. It may not fit or able to be placed under your seat.

I have spent more money on a front stand and bolted the camera. The rear camera ive made brackets and bolted it.

Hi Blkhze, thanks for leaving a review! Sorry to hear that, but glad to see that you found a solution. If you have any future questions, please don't hesitate to reach out to us directly.
A pricey dash cam

Very pricey, yet not quite the "jump" in video quality I expected for the huge pricetag.
When the vehicle is not in motion, then video quality is very crisp and clear. However, as soon as your vehicle is in motion (driving...) the video becomes extremely "contrasted" almost like it is over-correcting for image quality, and in-turn making it worse. I had a rexing V1 (1080p) for 3 years, and saved me through 2 hit & runs... simple, good quality, cheap. I expected the jump to 4k to be huge... The video is "brighter" at best, but my Rexing V1 was definitely smoother while driving. Hopefully this is something a firmware update can fix. I have messed with the 2K @ 60fps, but the video quality drops noticeably... to worse than my 1080P Rexing V1. (Doesnt add up)
I have had my eyes on this camera since before it came out, but I am still hoping it can pull through...

Hi Kyle, thank you for leaving a review. We will definitely relay this feedback back to Thinkware. They're constantly working on new firmware for their models, especially the U1000, so we do expect it to get even better over time. That said, have you updated your dash cam to the latest firmware? If you need help, please don't hesitate to reach out to our team. We're here to help!
BlackboxMyCar is Excellent!

Incredibly fast service! Excellent price! Perfectly packaged! Thank you.

Hi Theo, thanks for leaving a review. We try our best! ;)
Excellent item

Bought this filter for my sister and my brother in law they both love it

Hi Michael, thanks for leaving a review! Glad to see that your sister and brother-in-law loves it.
Convenient

I purchased a spare ScanDisk SD card for my BlackVue. Not much to say.. Good quality and value.

Hi DJ, thanks for leaving a review!

[$50 OFF] Thinkware U1000 4K UHD Dual-Channel Cloud Dash Cam

Thanks for leaving the review, Pavlo!
Service

The best in customer service and advice.

Thanks for leaving a review, Alan. We try our best ;)
Awesome Product and Support

BackBoxMyCar helped me make figure out which Dash Cam system was best for my 2015 Lexus RX350. Their live chat team is great to work with and they made figuring out the best dash cam for me very easy. After having it installed I am very impressed with the reliability and capability of this product. Also it was shipped out to me in less then 3 business days, which I found really impressive. Going forward I will continue to purchase from BlackBox due to this wonderful experience.

Hi Ben, thanks for leaving a review! We try our best to help our customers, so we're glad to hear that you had a great time with us! Come back anytime.
Excellent Purchase and Service from BlackBoxMyCar

This radar module was a great addition to my Thinkware U1000 dash cam system. The setup was very straight forward and this accessory is a must for passive parking mode. BlackBoxMyCar helped me with decision to make this smart purchase through the help with one of there representatives on live chat. Their customer support team is world class and very helpful.

Hi Ben, thanks for leaving a review! We try our best to help our customers, so we're glad to hear that you had a great time with us! Come back anytime.
Fast shipping and great communication

I found this website after looking at youtube videos with vortexradar after searching for dash cameras. I have a 4 year old a119 that I have tried for hours and hours over the years to update the firmware on with no luck. It also isnt 4k and it doesn't have wifi. I find it a pain in the butt to take the memory card out and have to use the computer to download files. Now I can do it via wifi with my phone. Wifi is working fine for me with their app. I liked the a119 wedge shape and this is essentially the exact shape. The mounts are not compatible but not a big deal. This a129 pro has a much more substantial feel to it but isn't any bigger than the old model. I kind of wish I had ordered the rear camera bundle at the same time but I can always order the rear camera later. Everybody needs a dash camera to avoid the he said/she said bs that happens when there is an accident.

These guys ship fast. I am in Washington and ordered on a Monday. Camera arrived 2 days later on Wednesday. I had several texts and emails during that time keeping me updated on the progress of my order. I was so impressed that I am thinking about buying my next radar detector from them, the 360c. I am not sure if I am getting that one but that is the only one they carry.

Hi David, thanks for leaving a review. We hope you're staying safe out in Washington! We're glad to hear that you're loving your VIOFO and it's everything you need. Do reach out anytime if you have any other questions. One more thing, if you're interested in any other models of radar detectors, do reach out and ask. We may be able to source it for you at a great price. Thanks!

[LOW QUANTITY] VIOFO A119 V3 QHD+ Dash Cam

Hi Larry, thanks for leaving a review!

[$50 OFF] Thinkware U1000 4K UHD Dual-Channel Cloud Dash Cam

Hi Gerald, thanks for leaving a review!
The complete package!

I recently purchased a thinkware F800 front and rear camera combo for my M4. After researching, I heard that BMWs are sensitive to voltage drops when the camera is in parking mode.

I purchased the battery and searched youtube for a camera install video. Ironically the video I watched was a video blackbox my car made specifically for the BMW M4! Great products provided and great tutorials that helped me get it installed, thanks again Blackboxmycar!!

Thanks for leaving a review, and an image as well! We're glad to see that you had a great experience with us, Rob. If you have any questions, come back anytime!
A nice dash cam with GPS capabilities

I am very satisfied with the Viofo A119 V3 camera after using it for a week or so. It takes great video and is simple to operate. With the included GPS base I can select the speed and/or location to be recorded on the video. I just installed the optional wiring harness but have not experimented with the parking mode as of yet. Overall I am very satisfied with the build quality. The menu is easy to maneuver through and the buttons on the front are easy to use even when driving. I would definitely purchase this again!

Hi David, thanks for leaving a review! We're glad to hear that you're loving your VIOFO as much as we do.
Excellent cam

Good rear view cam with great picture. Awesome thank you!

Hi Raymond, thanks for leaving a review!
So far so good.

Good tracking notice. I’ve only had it for a short time so I’m still playing with it to get it figured out. Video is very good quality (I’ve only used it in daylight so I can speak for nighttime). Instructions are minimal but I was able to get it figured out since it is pretty simplistic (I had to search the internet to get the time zone properly set). As it stands now I would highly recommend it for anyone looking for a good and simple dash cam.

Hi Jeff, thank you for purchasing at BlackboxMyCar, and thank you for leaving a review! We're glad to hear that the VIOFO was everything you were looking for. That said, if you have questions in the future, please don't hesitate to reach out to our support team. We are always here to help!
Viofo 3 Hardwire Kit

Installation seamless and easy. Made for cleaner setup. Highly recommended over using the provided cigarette lighter/USB.

Hi Mark, thanks for leaving a review!
Alex

I wrote one over a week ago didn’t you bother to read it?

Let me know if you lost it!

Hi Jim, we definitely read it and responded to it ;) We have let our Marketing team know to adjust the amount of review requests that get sent out. Thank you for leaving another review regardless!
courteous and prompt communication, item shipped promptly

I ordered dash cams and accessories from blackboxmycar and have been very happy with their services. I had to communicate with them several times regarding my order, including talking to them over the phone and emailing them. Every single time I received very courteous response and satisfactory answers. The items were shipped promptly and I had them professionally installed. Overall, I am very satisfied. Thank you.

Hi Chin, thank you for shopping at BlackboxMyCar, and for visiting our office! Glad that our team was able to help you with everything that you needed.
Easy to install, easy to use!

BlackBoxMyCar sent everything I needed to install my Viofo A119 V3. A quick YouTube search gave me the easy steps for burying the wires and finding my fuse box for my F-150. And I was off and running! Thanks a bunch!

Hi Adam, thanks for leaving a review! Glad to hear that it all worked out for you :)