In a previous post I provided information about how vehicle telematics enables the effective management of fleets. In addition to reducing fuel consumption and tracking vehicle maintenance to save fleets money, telematics is also being used to reduce costly insurance premiums. I recently read an interesting post on the SmartVan that stated “some telematics companies are working in tandem with insurance companies to produce detailed analytical driving behavior reports that can be used to customize insurance policies for consumers and commercial fleets.”
Fleet Management Solutions with vehicle telematics provide detailed driver information that can be used as proof of good driving. Driving patterns, speed, hard braking and more is captured in real-time and can be used to reward safe fleets with discounted premiums.