All things fleet tracking – industry news and best practices
GPS Fleet Tracking: Your Insurance
Posted on 07/03/2013 by Ashley Jones | 0 Comments
When people discuss the benefits of a fleet tracking solution, more often than not, increased productivity and decreased costs are the two major topics. And while they are very important to helping a service business succeed and stand out in a competitive marketplace, there are other ways a telematics solution can alleviate costs and give you peace of mind.
Many NexTraq customers I talk to mention the peace of mind that they get from knowing where their vehicles and assets are. It is both figuratively and literally an insurance policy. Most of our customers do not realize the potential insurance savings until after they have been using our fleet tracking solution for a while. And the benefit is not small. What would a 5% to 15% discount on your insurance premiums do for you?
A comprehensive telematics solution offers functionality beyond track and trace and offers a complete driver safety solution. And when you can pinpoint where your vehicles and employees are, while modifying their behavior, you stand to save significantly. You gain as well. Safe drivers, including their well-being and their driving habits, lead to a better overall reputation. After all, your vehicles are moving billboards out there.