Using GPS Tracking Can Reduce Fleet Insurance Costs Up to 15%

truck driver telematics

Using GPS track­ing and telem­at­ics for dri­ver safety and effi­ciency can lead to a favor­able insur­ance pre­mium dis­count, accord­ing to Trav­eler Insurance’s Mark Lucca. There are sev­eral cost sav­ing ben­e­fits being gained from fleet track­ing solu­tions. Sev­eral insur­ance com­pa­nies are mak­ing this offer to cus­tomers. You can find a range of poten­tial dis­counts from insur­ance com­pa­nies such as Lib­erty Mutual, Trav­el­ers, Zurich North Amer­ica, and The Hartford.

Insur­ance car­ri­ers are rec­og­niz­ing com­pa­nies who inte­grate a GPS fleet track­ing solu­tion to their fleet. These car­ri­ers are offer­ing up to a 15% insur­ance dis­count. Apply­ing GPS fleet track­ing is bring­ing fleets a sig­nif­i­cant decrease in haz­ardous dri­ving behav­ior. Fleets can receive instan­ta­neous alerts to your cell phone or email of a dri­ver is speed­ing or dri­ving errat­i­cally. Read more about uti­liz­ing fleet track­ing solu­tions for insur­ance cost con­tain­ment in a blog post­ing by GPS Insight’s Ryan Driscoll.

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