GPS Fleet Tracking: 4 Ways To Cut Back Your Insurance
GPS car monitoring is an important function in your fleet of automobiles. Control and cut back fuel prices using location data and automobile diagnostics. Fortunately, today’s monitoring technologies are reasonably priced and simple to install, making it easier for small companies to implement a tracking system. Additionally, this checklist above leaves out one essential detail: tracking applied sciences cut back auto insurance coverage premiums. Explore further with our "Why insurance coverage companies love GPS tracking" Infographic. While improving the operational efficiency of your online business with car upkeep tools and driver controls, fleet GPS monitoring also encourages drivers to adopt better driving and spending habits. When your drivers know there are tracking devices in your automobiles, research present they drive extra responsibly. The automobile maintenance tools that include GPS tracking assist keep your fleet best and secure on the highway as effectively. Insurance firms provide reductions to fleet managers who use GPS tracking on their autos for these causes.
Many main insurers provide reductions of upwards of 30 percent on insurance coverage prices to companies that implement monitoring options. Some insurers might even pay you to implement GPS monitoring technology for your fleet. Drivers who know they’re being monitored by GPS tracking units are safer drivers. Telematics knowledge from your fleet autos on dashing, rapid acceleration, iTagPro key finder harsh braking, and sharp cornering are transmitted again to insurers. You'll be able to then use this data to coach your drivers on safer driving behaviors. This reduces insurance coverage costs while at the identical time reducing gas prices. In keeping with Forbes, ItagPro drivers insured by way of GPS automobile tracking get into fewer accidents-a 20 p.c reduction by some calculations. In fact, iTagPro product National Public Radio not too long ago reported on an experiment funded by the National Highway Traffic Safety Administration, where researchers discovered that drivers with a GPS tracking system installed of their vehicle slowed down dramatically when they were promised a $25 prize at the end of every week of protected driving.
GPS gear was put in in vehicles and drivers have been dinged each time they went above the velocity restrict. Arming your fleet of vehicles with GPS devices will encourage driver security, iTagPro official improve driving habits, and scale back your insurance coverage prices as a result. Using a GPS tracking device additionally discourages staff from using firm automobiles for personal use. If they know their car or truck is monitored for location and iTagPro key finder miles pushed, the driver will execute caution about the place and once they drive the corporate vehicle. Insurers know that the more a vehicle is pushed, iTagPro reviews the higher the chances of any sort of accident. This advantage to GPS use lowers insurance costs in addition to gasoline prices. Additionally, GPS monitoring permits fleet managers to save lots of on gasoline usage by measuring idle occasions, saving vehicle put on and tear and fuel costs. All these savings improve a company’s bottom line and supply better customer support. Insurers are aware of how providing this kind of guidance to drivers makes for a greater driver for them to insure.
With GPS monitoring you can observe routine fleet car maintenance with a software called Service Report. Vehicle upkeep wants will be predicted with this technology, providing fleet managers with an added maintenance device. A car that suffers a tire blowout or other mechanical malfunction is extra likely to cause an accident. GPS tracking sends out real-time alerts for when vehicle upkeep is required, helping you forestall these kinds of incidents. With Service Report, your cellphone pings with a message telling you it’s time to perform automobile upkeep tasks like oil modifications and tire rotations. For companies with bigger fleets, iTagPro smart device chances are you'll receive discover that you've a number of trucks due for maintenance within thirty days. Your fleet becomes simpler to manage with the standard control information that comes with a telematics GPS system. Taking the proactive step of adding GPS telematics to your automobiles will scale back your insurance coverage premiums in your entire fleet.