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Insurance Discounts for Vehicle Telematics


Vehicle telematics can help lower your fleet's insurance rates.

Accidents and speeding tickets can lead to a substantial price increase on your insurance premiums. GPS fleet tracking software (or vehicle telematics) allows you to control driver behaviors such as speeding, which lowers accident rates and helps eliminate tickets.
If any of your vehicles are stolen, there is no telling how long it will take to recover the vehicle and how much money you may lose in stolen assets. GPS Insight's telematics solution is helpful in recovering stolen vehicles because all you need to do is report its current location to authorities and you should recover the vehicle quickly. This could lead to preventing further damages and any loss of assets.

Telematics Insurance Discounts

Take advantage of telematics insurance discounts, which can save you up to 15% on your insurance premium. To qualify for a discount, businesses must show that they have installed vehicle telematics devices in a sufficient number of their fleet vehicles and that they are actively incorporating safety information from the devices into their ongoing safety feedback to drivers, at least on a quarterly basis.

Insurance companies tend to give discounts for installing a telematics solution because you are actively monitoring speeding, because it aids in the increase and overall safety of the driver and the vehicle, as well as increased chances of vehicle recovery if stolen. Insurance companies such as Travelers, USAA, Liberty Mutual, and AAA offer discounts for installing a anti-theft vehicle tracking system.

Start saving more by installing a vehicle telematics solution today!

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