Jaguar Land Rover has resorted to offering its own insurance to assist customers protect themselves from the scourge of key cloning and keyless automobile theft and criminals targeting its high value vehicles to strip for parts or resale abroad.
The carmaker earlier this 12 months said it had invested greater than £10 million in lessening the possibilities of the most recent Range Rover models being stolen through developing advanced electrical architecture that features the most recent security technology.
Recent DVLA data shows that the Range Rover was the second most stolen automobile of 2022, the Land Rover Discovery was the fifth most stolen. Yr-on-year the variety of stolen Range Rovers increased by 47% to five,533 since 2021.
The carmakers said that since 2022, greater than 70,000 eligible Defender, Discovery, Range Rover and Jaguar cars made since 2018 onwards have now received free security updates to make sure the same levels of protection against theft as current, latest models.
Police forces are nonetheless still advising owners to suit mechanical security devices, similar to pedal locks, wheel clamps and steering wheel locks, to extend the deterrent.
Now, in a move to assist customers access insurance cover, Range Rover clients within the UK at the moment are being offered protection through Land Rover Insurance. Cover can also be available to owners of Defender and Discovery vehicles, in addition to Jaguar cars through Jaguar Insurance.
The fully comprehensive insurance ensures any repairs are accomplished by a JLR authorised bodyshop, using only real parts. The policy is flexible with no deposits or interest charges and clients are in a position to amend or cancel their cover with no fee. The value can also be guaranteed for 12 months.
JLR said the service has provided quotes to greater than 4,000 clients since October, with a median monthly premium of lower than £200, adding that it has shared its latest security data with leading insurance providers to assist increase the range of insurance options on the open market.
Patrick McGillycuddy, JLR UK managing director, said: “Customers of luxury cars and other luxury goods are experiencing a rise in thefts because of organised criminal activity within the UK. The desirability of our luxury vehicles, coupled with concerns around thefts, has recently led to challenges in obtaining insurance cover for some clients.
“We’re fully committed to doing the whole lot we will to handle this by adopting a multifaceted approach: from our significant investment in vehicle security, to now providing our own insurance. While our latest insurance proposition is a key milestone, we would like to reassure clients that we’ll proceed monitoring and refining our service in order that much more clients can reap the benefits of it.”
JLR said its latest vehicles are proving resilient to theft with UK police data indicating that since January 2022, only 9 of the 12,200 latest Range Rovers on the road have been stolen (0.07 per cent), while only 13 of the 13,400 latest Range Rover Sports on the road have been affected (0.1 per cent).
This Article First Appeared At www.am-online.com
