GPS Fleet Tracking: Four Ways to Cut Back Your Insurance
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GPS automobile tracking is a vital feature for your fleet of vehicles. Control and cut back gasoline prices utilizing location information and automobile diagnostics. Fortunately, iTagPro product today’s monitoring technologies are affordable and easy to install, making it simpler for ItagPro small businesses to implement a tracking system. Additionally, this listing above leaves out one necessary detail: monitoring technologies cut back auto insurance coverage premiums. Explore further with our "Why insurance coverage firms love GPS tracking" Infographic. While bettering the operational effectivity of what you are promoting with car maintenance tools and smart key finder driver controls, fleet GPS monitoring additionally encourages drivers to undertake better driving and spending habits. When your drivers know there are tracking gadgets in your vehicles, studies present they drive more responsibly. The automobile upkeep tools that come with GPS monitoring assist keep your fleet best and secure on the road as well. Insurance companies provide discounts to fleet managers who use GPS tracking on their vehicles for these reasons.
Many major insurers supply reductions of upwards of 30 percent on insurance coverage costs to businesses that implement monitoring solutions. Some insurers might even pay you to implement GPS monitoring iTagPro technology on your fleet. Drivers who know they’re being monitored by GPS monitoring gadgets are safer drivers. Telematics data from your fleet vehicles on speeding, fast acceleration, harsh braking, and sharp cornering are transmitted again to insurers. You'll be able to then use this knowledge to coach your drivers on safer driving behaviors. This reduces insurance coverage costs while at the identical time reducing gas prices. Based on Forbes, drivers insured by means of GPS vehicle tracking get into fewer accidents-a 20 p.c discount by some calculations. In actual fact, 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 put in in their automobile slowed down dramatically once they have been promised a $25 prize at the end of every week of protected driving.
GPS gear was installed in automobiles and drivers have been dinged every time they went above the velocity limit. Arming your fleet of vehicles with GPS devices will encourage driver security, improve driving habits, and reduce your insurance costs in consequence. The usage of a GPS tracking device also discourages staff from using firm vehicles for personal use. If they know their automotive or truck is monitored for iTagPro features location and miles pushed, iTagPro technology the driver will execute caution about the place and when they drive the company car. Insurers know that the extra a car is driven, the higher the probabilities of any type of accident. This benefit to GPS use lowers insurance coverage prices as well as gas prices. Additionally, GPS monitoring allows fleet managers to save lots of on fuel utilization by measuring idle occasions, iTagPro technology saving car put on and tear and gasoline costs. All these financial savings improve a company’s backside line and supply better customer service. Insurers are conscious of how offering this type of steerage to drivers makes for a better driver for them to insure.
With GPS tracking you may track routine fleet car maintenance with a instrument known as Service Report. Vehicle maintenance wants may be predicted with this expertise, providing fleet managers with an added maintenance instrument. A car that suffers a tire blowout or different mechanical malfunction is extra likely to cause an accident. GPS tracking sends out real-time alerts for when automobile maintenance is required, helping you stop these sorts of incidents. With Service Report, your cellphone pings with a message telling you it’s time to carry out car upkeep tasks like oil modifications and tire rotations. For firms with larger fleets, it's possible you'll receive discover that you've several trucks due for upkeep inside thirty days. Your fleet becomes simpler to handle with the standard control knowledge that comes with a telematics GPS system. Taking the proactive step of adding GPS telematics to your autos will cut back your insurance coverage premiums to your complete fleet.
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