Tag: Debunking Myths and Unveiling the Truth
May 23, 2024
Commercial Lines
So far this year, Gore Mutual has seen a 30% increase in vehicle theft compared to the previous year, with a particularly concerning rise of 181% in commercial vehicle thefts.
Enter Tag – an advanced technology solution engineered to safeguard your vehicle while preserving safety, warranties, and peace of mind
Year-to-date, Gore Mutual has experienced a 30% uptick in vehicle theft compared to last year, with commercial vehicle thefts soaring by an alarming 181%.
With such a pervasive threat to your clients, innovative solutions are crucial to safeguard their prized possessions, financial security, and business profitability. Enter Tag, a cutting-edge technology designed to protect your vehicle without compromising safety, warranties, or peace of mind.
Myth vs. Reality: Unraveling the Truth About Tag
Myth 1: Installing Tag Voids Warranties or Lease Agreements
- Reality: Fear not! According to Tag, installing Tag won’t void warranties or invalidate lease agreements.
Myth 2: There is no Incentive to add Tag to Your Client’s Policies
- Reality: Tag’s theft mitigation solution not only safeguards your clients’ vehicles but also transforms your brokerage experience. Here’s how:
- Time Savings: By proactively mitigating thefts, Tag frees up your valuable time. Say goodbye to intricate and time-consuming theft claims processes. Instead, redirect this saved time towards expanding your business and nurturing stronger client relationships.
- Risk Profile Stability: Preventing vehicle theft minimizes the likelihood of mid-term policy adjustments. Clients affected by alterations to their risk profiles due to theft won’t disrupt your business flow. Tag keeps your clients’ risk profiles stable.
Myth 3: Tag Does Not Prevent Vehicle Theft
- Reality: Tag remains the industry gold standard for vehicle theft prevention. As the industry evolves, we're observing a shift in thieves' behavior toward choosing the path of least resistance. Data suggests that thieves are now bypassing cars with Tag windshield etchings in favor of those without them.
Myth 4: Tag Installation Is Complicated and Unsafe
- Reality: Installing Tag is straightforward and safe. No appointments are needed, and there is no damage to your vehicle. The entire process takes less than 30 minutes.
Myth 5: Tag Monitors Driving Behavior
- Reality: Tag doesn’t “listen in” on drivers. Tag’s wireless devices discreetly secure your vehicle, while logo etching deters thieves. Tag only activates if a vehicle is reported stolen, acting as a beacon for law enforcement.
Myth 6: Tag Is Cost-Prohibitive for Your Clients
- Reality: Clients enjoy cost savings: subsidies, waived surcharges, and financial protection against theft consequences. In fact, over a 5-year Tag subscription, your clients can save up to $2,500 per vehicle, all for an upfront cost of approximately $300.
Tag isn’t just a technology; it’s a promise. A promise to protect what matters most. So, debunk the myths, embrace the truth, and let Tag keep your client’s wheels safe.
What’s the latest?
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