As business owner know, your relationship with your insurer is often an adversarial one. This is especially true when your enterprise depends upon the work of a fleet of commercial vehicles. If problems or issues arise with these vehicles or their drivers, you may find your insurance premiums rising overnight. The best way to protect yourself is to take preventative action — ensuring incontrovertible evidence is on your side in the event of an accident.
Vehicle tracking and fleet tracking activities are key to ensuring a minor incident will not lead to major increases in expenses. An appropriate tracking solution provides all the information you could need to make an appropriate claim either at your insurance office or before the courts. If an accident is no fault of your driver, it is often plain to see based on readouts you get from tracking your vehicles — information like speed and braking behavior.
Implementing end-to-end tracking can demonstrate beyond doubt that your drivers are taking proper care during their work activities. This makes it far easier to negotiate rates with your insurance adjuster or receive the benefits to which you are entitled. It will also give you an advantage in case you must deal with unscrupulous individuals who consider businesses like yours to be “deep pocket” targets for litigation. The more detailed your tracking program is, the better prepared you will be.
Tracking can also help you to implement training and education programs for your employees. You will be able to identify and address bad driving habits through your tracking interface. Every time you intervene to correct one of these issues, your business is strengthened in at least two ways:
1) Efficiency: Inconsiderate driving habits are inefficient driving habits. Improving the performance of your drivers means a faster and more effective driving experience for all of your team members, which can only reduce costs and raise productivity.
2) Safety: Investing in safety through fleet-wide tracking shows your concern for others in your community. Each action you take based upon this tracking information shows that you have systems in place to prevent accidents — leaving the other party in the dispute to prove that he or she is not at fault.
In an ideal world, insurance matters would never be in dispute. Since they often are, you can protect your assets through appropriate tracking and making use of the information it provides.