Do ABS Decrease the Cost of Car Insurance?

November 13, 2019

The idea for ABS originates from the modern systems that were introduced in the 1950s. Let’s explain, what is abs and its benefits for insurance.

What is ABS?

ABS is defined as the computer-controlled system which works with the car’s braking system. The word ABS itself describes its meaning as the safety system present in the vehicle in order to control the vehicle and each wheel has the attached sensor.

Most insurers do offer specific amounts off on a vehicle insurance policy if the car or truck comes with anti-lock brakes from the factory.

Where to Go to Install Anti-Lock Brakes?

If you have a car that doesn’t have an anti-lock braking system, your easiest solution would probably be to go to a manufacturer’s car dealership. Their experts knows everything of your car model and what is needed to install anti-lock brakes. However, if price is a factor, going to a junkyard for parts, then to a trusted certified mechanic might be your next move. By saving on parts, your biggest expenditure would be labor.

In any circumstance, because an anti-lock system must be integrated with your car’s current braking system, the installation will not be cheap.

How Insurers Value Anti-Lock Brake Systems?

Auto insurance companies look at safety features on an individual basis and see how that “risk value” may affect their bottom line for claim pay-outs. Because anti-lock brakes have proven effective in preventing certain kinds of accidents (and therefore certain kinds of claims), insurance companies generally provide customers with a discount for having an ABS. Ask your insurer rep about this item at the time that he or she is helping you put together a policy.