A high-quality dashcam has the tech to guard you and your loved ones

Accident fraud occurs extra typically than you’d suppose, however a great dashcam can seize what actually occurred throughout a fender bender.

Have you taken the blame for one thing you didn’t do? Of course—it occurs to all of us. But the stakes get greater when somebody falsely accuses you of inflicting a street accident. Avoid this disagreeable state of affairs by putting in a high-quality dashcam in your automotive.

Yes, just about everybody has tasted the indignation of a false accusation. Like that point as a toddler whenever you bought in hassle in your sibling’s prank. Or the error at work your colleague made however didn’t come clean with—and also you took the blame.

Now think about that false accusation comes full with the trauma and inconvenience of a crashed automotive, exorbitant medical payments from a liar saying you bumped into them, and—in consequence—greater insurance coverage premiums for the following a number of years. You’d be completely apoplectic, proper?

Combat crash-for-cash schemes

Well, this state of affairs is taking part in out all around the world and, more and more, all throughout the US. In the UK, it’s known as crash for money, and it’s rampant.

It might also be about to get a complete lot worse because of latest modifications to the UK highway code. These really make it simpler for perpetrators to maintain up their antics. In China, they name it peng ci, which roughly interprets to “breaking porcelain,” and instances there can get pretty extreme.

In the US, crash for money is named Staged Accident Insurance Fraud. Whatever you name it, it’s a multi-billion-dollar drawback, typically coordinated by organized crime. It’s one of many best causes for purchasing and putting in a high-quality dashcam in your automotive.

A dashcam is an always-on silent witness that rides together with you, capturing video proof to assist show fault within the occasion of an incident. That video can remove ambiguous conditions after accidents which will end in an unfair evaluation of blame or cut up legal responsibility. For these causes, a crisp, clear document of occasions turns into much more vital.

Add spectacular dashcam expertise to your car

More than simply one other cell digicam, high-quality dashcams, just like the best-selling Nextbase Series 2 vary, are spectacular items of expertise designed for a really difficult software.

High-quality dashcams have a giant job. The digicam must seize video clear sufficient to learn license plates and streets indicators irrespective of the visibility. It should additionally seize footage by way of the glass of your windscreen and important particulars at velocity.

What’s extra, it additionally must document always, saving solely important moments and constantly overwriting the remaining. High-quality dashcams produce 4K video, mechanically save information when an incident occurs, and make sharing that footage simple.

And that’s simply fundamental digicam performance. The top-of-the-range Nextbase 622GW incorporates enhanced digicam options together with picture stabilization for bumpy roads, tremendous slow-motion playback for viewing essential particulars, and extra.

Other options from the realm of Advanced Driver Assistance Systems (ADAS) embody Amazon Alexa integration, full GPS with What3Words finding system, and Intelligent Parking Mode. There’s additionally Emergency SOS (E-SOS), which mechanically contacts emergency providers when it detects a crash.

Take half within the rising dashcam market

With roads changing into more and more unpredictable, it’s no surprise that dashcam utilization is rising quickly within the US. In reality, in response to The NPD Group, dashcam gross sales within the US eclipsed one other well-known digicam class final 12 months: motion cams.

Yes, dashcams are a few of the fastest-growing client electronics segments, with gross sales rising greater than 20% every year for the final 3 years. And, within the final 12 months, they rose 30%. In reality, US dashcam gross sales had been up greater than 95% year-over-year in December 2021.

Take benefit of waived deductibles within the US

But North America nonetheless lags behind the UK, the place about 1 in each 7 automobiles has a dashcam. One huge motive for that cultural disparity is how auto insurance coverage works in every nation.

In the UK, each main insurer accepts dashcam footage as proof in processing claims, and greater than half supply a premium low cost for cam utilization. Thus far within the US, no main insurers supply a reduction for dashcam utilization.

At the identical time, nonetheless, increasingly more US drivers efficiently show their innocence with dashcam footage. Afterward, some insurers even waive deductibles and keep away from premium hikes.

However, the follow hasn’t made it into client insurance coverage coverage or been formally sanctioned. Though it’s price noting that US industrial fleet insurance coverage insurance policies typically require their drivers to make use of dashcams.

Lower your insurance coverage prices with a premium dashcam

Nevertheless, there’s mounting proof, on each side of the pond, of the advantages of dashcam utilization. Those advantages embody value financial savings for the insurer and insured, higher customer support, and total enhancements in street security.

In reality, information exhibits that high-quality dashcams have a measurably optimistic affect on habits behind the wheel. According to Nextbase, a UK research discovered that 68% of drivers exhibited a 25% enchancment of their driving habits rating after putting in a dashcam*.

Ensure correct accident documentation

Not surprisingly, along with the velocity of claims processing, dashcam footage additionally improves accuracy. Incomplete proof, together with conflicting statements from concerned events and witnesses, incessantly makes it not possible to obviously set up fault.

This ends in cut up legal responsibility, a expensive state of affairs through which nobody finally ends up blissful. Thanks to dashcam footage, the corporate says {that a} London insurance coverage company was in a position to show innocence in 37% of split-liability claims.

Overall, quicker and extra correct claims processing means decrease prices for the corporate and happier clients—particularly when a few of these value financial savings go to customers within the type of decrease premiums.

End accident insurance coverage fraud as soon as

And that brings us again to crash for money. Insurance fraud quantities to $80 billion in theft yearly, in response to the Coalition Against Insurance Fraud. And, after all, insurers issue these losses into their pricing to remain within the enterprise. The result’s greater insurance coverage premiums for everybody.

Now, think about if everybody within the US had high-quality dashcams of their automobiles. With clear proof of precise occasions on the street, it might be harder for fraudsters to stage crashes and make false claims. And, as fraud prices lower, the worth of insuring automobiles would come down, too.

This state of affairs is already underway within the UK, Europe, and different elements of the world, so it’s solely a matter of time earlier than the identical market dynamics come to the US.

Whether your main motivation is defending your loved ones and possessions, paying decrease costs for auto insurance coverage, or avoiding false accusations, it’s time to get a dashcam. Check out the corporate’s official website for extra info.

*This relies on a year-long survey performed in 2020 by a gaggle of UK-based insurers of roughly 200 Nextbase Dash Cam house owners each female and male, ages 17+, using a telemetric black field for six months previous to possession and 6 months thereafter.