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LoJack is a stolen-vehicle recovery and IoT-connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip-history, see battery levels, track speeding, and maintain vehicle-health via a native app. Prior to selling a vehicle, LoJack dealers can use the system to manage and locate inventory, view and manage battery-health, and recover stolen inventory.
The deploying vehicle must be within 25 feet (7.6 m) range of the offending vehicle. [4] The tracking signal location is then monitored from a dispatcher's computer screen. In 2013, the vehicle-mounted solution was US$5000 per installation, and $500 for each bullet. [1] By 2023, the device was US$5900. [4]
The existence of vehicle tracking device then can be used to reduce the insurance cost, because the loss-risk of the vehicle drops significantly. Vehicle tracking systems are an integrated part of the "layered approach" to vehicle protection, recommended by the National Insurance Crime Bureau (NICB) to prevent motor vehicle theft. This approach ...
Telematics car insurance programs offer discounts up to 40% for letting insurers monitor your driving habits through a plug-in device or smartphone app, but the savings come with important privacy ...
A woman and her work truck dangled from the Second Street Bridge in Louisville, Kentucky for 40 minutes after a car unexpectedly veered into the same lane, damaging the front of the truck.
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