Monday, December 30, 2013

LoJack 2013 Car Recoveries

LoJack® Stolen Vehicle Recovery System Outwits Sophisticated Criminals and Thwarts Theft in 2013


Recently The National Insurance Crime Bureau reported that New Year's Day is the holiday with the highest number of auto thefts.  LoJack Corporation has taken this opportunity at this time of year to share its top stolen vehicle and equipment recoveries of 2013.  The demonstrable success of the LoJack system ranges from recovering stolen vehicles concealed in shipping containers bound for overseas exportation, to the closing of local "chop shops" and apprehending seasoned criminals involved in international crime rings.  Here are two of its reported recoveries in the past year.

One international recovery reported by LoJack involved aiding Canadian and U.S. Law Enforcement Agencies.  LoJack played a huge part in bringing down a highly skilled international crime ring of car thieves who were responsible for stealing luxury cars in Canada and transporting them over the border to U.S. ports in Newark, N.J. and Baltimore Maryland.  There the vehicles were then placed in cargo containers and shipped overseas to Nigeria and Ghana. Canadian Law Enforcement officials enlisted the help of LoJack to provide several covert vehicle tracking devices that were placed inside a number of the high-end vehicles. The LoJack devices gave investigators invaluable information on the suspects and their accomplices, the ability to follow the trails of stolen vehicles, establish or confirm their plans, and gather evidence against the members of the organization. As a result investigators were able to recover 89 stolen vehicles worth $3.2 million and arrest 16 suspects with more than 236 charges pending.

In California this year LoJack was helpful in recovering a newly stolen Audi S8 from a Sacramento Audi dealership. The suspect gave an $18,000 bad check and fraudulent information on his credit application to purchase a 2013 Audi S8 worth approximately $120,000. When the dealership was unable to identify and locate the suspect, they filed a theft report and within one hour after the stolen vehicle's information was entered into state and national crime information computers by the police the Audi's LoJack system was able to locate it.  An East Bay Parks Police Air helicopter began receiving signals from the Audi's LoJack System and the coordinates were radioed to ground units.  The suspect was then apprehended by the California Highway Patrol K-9 unit. The driver was the named suspect of the theft report and had numerous aliases, a lengthy record of fraud and theft, and was an ex-parolee.     

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About LoJack Corporation  LoJack Corporation has helped more than nine million people protect their vehicles in the event of theft over the past 25 years.  It prides itself on providing safety, security and protection for an ever-growing range of valuable assets and people. Its successes are contributed to its well-known brand and direct integration with law enforcement and dealer distribution network.  LoJack Corporation plans to expand into new areas across the continuum from theft deterrence to recovery. The Company is focusing on creating a new level of value for its dealer, customer and investor communities by delivering innovative offerings, multiple technologies across the globe.   For more information, visit,

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Tuesday, December 17, 2013

Filing Claims May Double your Auto Insurance Premiums

Oops! Had an accident? Not sure if you should put in a claim to your insurance company?  A new study reported in The Detroit Bureau might make you rethink your decision.  According to a single “at-fault” claim will result in an average increase of 38 percent in your annual car insurance premium,  and a second claim could nearly double what you pay.  That should make you think twice before filing a claim.  Laura Adams, a senior analyst at,  warns that,  “the biggest lesson for consumers is not to file a claim unless absolutely necessary. Making a claim for a few hundred dollars doesn’t make sense if your premium is going to skyrocket as a result.”  There are some "forgiving" insurance companies who will overlook a first time accident by a consumer including Liberty Mutual, Nationwide and Allstate.  But you be sure that having multiple claims within a short period will have costly consequences. While most insurance premiums would increase by 38 percent in annual premiums for a single at-fault claim, a second at fault-claim within a 12 month period would cause it to go up by 86 percent. 
These increases also see differences from state to state, from a low of 20 percent for a single claim in Maryland to 67 percent, on average, in Massachusetts.The study was based on the rate plans for six major insurance carriers in all 50 states as well as the District of Columbia. It assumed a middle-aged driver carrying a policy providing a maximum $300,000 in liability coverage, with a $500 deductible, submitting a $2,000 claim.
So think before putting in that claim, and as carefully!

Wednesday, December 11, 2013

Best Time to Car Shop...After Christmas!

Don't end your holiday shopping on Christmas Eve.  The best savings in terms of car shopping is yet to come. New Year's Eve Day and even up to January 2, 2014 will be the best time to buy a 2013 new car.  Why? Dealers and automakers want to meet year-end goals, experts say.  “The last sales day of 2013 for most dealers will be Jan. 2, 2014,”  says Jessica Caldwell, senior analyst at price-comparison website in "The Market Watch Section" of the Wall Street Journal.  “Any time after Christmas – assuming a dealer    hasn’t already met his/her sales target – would be a favorable time to buy a new car.”

Car dealers are ready to throw in multiple incentives to help them finish with a strong year.  We will see 0% financing offered to those who qualify and hefty cash rebates throughout December until January 2nd.  Such is the case with the GM hybrid electric Chevrolet Volt which many dealerships are offering $7,000 cash back until Jan. 2nd at a manufacturer's suggested retail price of $39,145.  You can also find 0% financing on some 2013 Ford and Lincoln models, and cash back of up to $3,500 on some 2013 models.
You can also expect to see a big drop in used car prices as people have traded in their cars for big discounts on new cars in November.  The average price of a used car was $15,678 in the third quarter.  This is the lowest third-quarter price in four years, according to The average price of a used small car in December is $7,631, down from $9,145 a year ago, he says.
So get out ....again after the holidays and .... shop again!