Method and system for preventing vehicle thefts

Abstract

A method for preventing vehicle thefts, the method comprising: at least one insurance company encouraging vehicle owners to install a vehicle theft prevention system in a vehicle by providing incentives to the vehicle owners having installed the system, the vehicle theft prevention system comprising a plurality of signal emitting devices placed among various parts of the vehicle; the insurance company mandating vendors wishing to do business with the insurance company to install readers for receiving signals from the plurality of signal emitting devices and transferring reader data to a central location; and correlating the information being processed by the readers with a central database to identify vehicles that have been reported stolen.

1 . A method for preventing vehicle thefts, the method comprising: 
 at least one insurance company encouraging vehicle owners to install a vehicle theft prevention system in a vehicle by providing incentives to said vehicle owners having installed said system, said vehicle theft prevention system comprising a plurality of signal emitting devices placed among various parts of said vehicle;    said insurance company mandating vendors wishing to do business with said insurance company to install readers for receiving signals from said plurality of signal emitting devices and transferring reader data to a central location; and    correlating said information being processed by said readers with a central database to identify vehicles that have been reported stolen.    
     
     
         2 . A method as claimed in  claim 1 , wherein said providing incentives comprises offering preferential insurance rates to said vehicle owners having installed said vehicle theft prevention system.  
     
     
         3 . A method as claimed in  claim 1 , wherein said at least one insurance company provides a free installation of said vehicle theft prevention system.  
     
     
         4 . A method as claimed in claims  1 , wherein said at least one insurance company provides said vehicle theft prevention system free of cost to said vehicle owners.  
     
     
         5 . A method as claimed in  claim 1 , wherein said at least one insurance company refuses to do business with vendors who do not install said readers.  
     
     
         6 . A method as claimed in  claim 1 , further comprising indicating on vehicles having been installed with said vehicle theft prevention system the presence of said system.  
     
     
         7 . A method as claimed in  claim 1 , wherein said database is updated to associate a vehicle part with a vehicle when a part legally changes owner.  
     
     
         8 . A method as claimed in  claim 1 , wherein said vendors are TAG certified by TAG personnel to ensure that said readers are positioned in a manner to scan all vehicles which enter said vendors' area of business.