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.