Dash cams could earn N.J. drivers a break on insurance premiums

A New Jersey lawmaker would like to see insurance companies give a discount to drivers who have a dashboard camera in their vehicle.

Insurers already offer a reduction in premiums for anti-lock brakes and theft prevention systems, said Assemblyman Jamel Holley, who said a discount is also in order for dashboard cameras.

It’s a relatively new technology that can encourage safe driving, said Holley, D-Union.

“I think that they are reminded that this kind of footage is being obtained, and folks will tend to probably slow down a little bit more, pay attention a little bit more,” he said.

Holley said the video from the cameras would also help the insurance industry.

“Wouldn’t you think that the insurance industry would solve a lot of fraudulent matters that occur if the dashboard camera sees certain things or there’s certain accidents that occur that the dashboard camera could obtain the footage of?” he said.

Holley said his bill will stimulate discussions about standards to regulate dashboard cameras.