If you operate a business and own a fleet of vehicles you may benefit from the use of GPS tracking technology. You can end up saving money on insurance costs by implementing GPS tracking technology.
The reason is that this tracking system will actively discourage employees from using company cars for personal purposes. The longer cars are on the road, the higher the likelihood of accidents. The introduction of this type of technology will ensure that vehicles are only used for their intended purpose.
In addition, claims for damages due to vehicle theft are less likely to be filed. GPS Tracking systems provide an extra layer of protection against theft and give vehicle recovery peace of mind. In many cases where anti-theft systems are not installed, it can take police weeks or even months to recover a vehicle. And when they fail to do so, insurance companies are left to foot the bill.
It promotes safe driving. Drivers who know that their driving is being monitored drive with extra caution on the roads. Information such as heavy braking, sharp cornering, rapid acceleration, and speeding is recorded and passed on to the insurance company.
Safe driving saves fuel and reduces insurance costs. Companies can use this data to train drivers and instruct them on safe driving techniques.
Furthermore, maintaining the vehicles properly will ensure that the company saves vehicles that break down. GPS technology is able to notify the driver when the car is due for maintenance or a check-up.
GPS vehicle tracking is worth the money invested and offers a good return on investment.
Speak to an expert at Noyes Hall & Allen Insurance serving Portland today to see which policy is best suited to you and your family.