Insurance Rates and GPS Tracking

[STxTesla]

I have heard some suggest that the insurance rates for the Model S are going to be higher than most other luxury vehicles.
It seems that a GPS tracking capability in the Model S would decrease the likelihood of theft and thus reduce insurance
rates.

I don't know if the Model S will have GPS tracking capabilities on day one, but it seems that it wouldn't take much
to put a system in place.

Thoughts?

 

[VolkerP]

How do you think the nav knows your position on the map?

 

[STxTesla]

Well I suppose that my presentation to the question was not appropriate.
I should have just asked...

If a Model S owner can track his/her car, (thereby enhancing recoverability if stolen), wouldn't insurance rates be lowered due to this sort of theft protection?

 

[Todd Burch]

Well I suppose that my presentation to the question was not appropriate.
I should have just asked...

If a Model S owner can track his/her car, (thereby enhancing recoverability if stolen), wouldn't insurance rates be lowered due to this sort of theft protection?

When I got my quote, I was asked if the car can be tracked if stolen. I said yes due to the iPhone/web tracking apps...helped reduce rates just a little bit.