Telematics play a crucial role in keeping your assets safe and your “wheels” rolling. Telematics are an essential element to include in your overall risk management strategy and to reduce the cost of your fleet insurance because it helps insurers price risk better.
Telematics can offer you real-time insights into managing and monitoring the risk exposure of your fleet. There are a lot of insurance companies that use telematics technology to monitor driving behaviour and to reward drivers for practicing safe driving. Globaltrack’s driver behaviour monitoring solutions are specifically designed to help fleet manager monitor and control the driving behaviour of drivers. Our driver violations reports can be used to rate drivers on their driving performance.
You can minimise the risk of accidents and reduce the cost of your fleet insurance, by instilling a culture of rewarding your drivers for practising safe driving.
More companies, small and large, are choosing telematics to help with their fleet management every year to take advantage of usage-based insurance, better known as pay as you drive (PAYD). Insurance fees for usage-based insurance are dependent upon the type of vehicle used, measured against time, distance, behaviour and place.
With usage-based insurance you will pay less for those months that your vehicles are not on the road.
Globaltrack’s telematics solutions are not only aimed at reducing your operational cost but can also help you in reducing the cost of your fleet’s insurance.