How much do you spend on car insurance?
If you manage a courier company, propane delivery service, or any other business that requires you to have a fleet of vehicles, probably quite a lot.
GPS tracking software can reduce your insurance expenses significantly. Read on to find out how…
Keep An Eye On Your Drivers
Vehicle tracking shows you where your drivers are in real-time. Whenever you want, you can check in on a driver to make sure they’re sticking to their route and staying on schedule.
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Recover Stolen Property
Once a vehicle is stolen, it’s usually as good as gone.
How much would a stolen vehicle cost you? $10,000? $20,000? More?
Remember, when a vehicle is stolen, the cargo inside it is also stolen. The FBI estimates that US businesses lose $30 billion every year to cargo theft.
GPS tracking software makes it possible to recover stolen vehicles, so you can avoid these enormous expenses.
The Big Picture
Wait, what does any of this have to do with insurance?
Well, insurance is essentially a gamble between you and the insurance provider. The fewer claims you make, the more money they make. If it seems unlikely that you’ll need to make a claim, they won’t charge you as much in deductibles and premiums.
Speeding puts your drivers at greater risk of getting into an accident. Vehicle tracking helps prevent your drivers from speeding.
That’s because, in addition to showing you where your driver are, GPS tracking software shows you how fast they’re going. You can give this data to your insurance provider to prove your employees are driving safely. Also, your employees are less likely to drive recklessly in the first place when they know they’re being watched.
Having a chance to recover stolen vehicles makes you a better bet for insurance providers as well.
Do you have any questions about GPS tracking? Let us know in the comments section below.
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