Blackspot Interactive has launched a new insurance policy offering cover against theft and accidental damage to Road Angel satellite navigation and driver safety products.
The road safety manufacturer has developed the product in conjunction with Lifestyle Services Group (LSG) in response to customers' concerns that they are not protected by traditional car or home contents policies.
Steven Salmon, chief executive at Blackspot, said: “With vehicle crime accounting for one fifth of all crimes, it is time that our customers were protected. Police statistics show that 93% of theft from cars is opportunist. People find that, in most cases, navigation and driver safety systems are not covered by either home or car insurance policies and those that are normally carry a high excess or can result in loss of no claims bonus. Blackspot Insurance can bridge this gap by offering a policy to cover not only navigation but all Road Angel driver safety products.”
Simon Markey, MD of LSG, commented: “Sat nav units are typical of today's technology. Their desirability drives consumers and thieves. LSG's experience in providing niche insurance solutions has enabled us to offer a product specifically for satellite navigation & driver safety equipment”.
