Content Marketing Specialist
What is the Cost of Telematics?
I know the “how much does telematics cost?” question is on your mind.
But before we cover the cost of telematics, there are two things we need to address.
First, GPS Insight focuses on more than just a low price. While our Basic tier offers one of the lower prices in the market, many customers come to us for our higher level of technical and training support. They believe the value of our more-engaged, 24/7/365, U.S.-based support, and a dedicated customer success manager is worth the added cost.
Second, it’s important to note that GPS Insight doesn’t offer a one-size-fits-all solution. There are many different options in terms of the type of device for a myriad of vehicles and asset equipment, features to help solve your unique fleet challenges, etc. So, while I am going to give you some telematics pricing, please note that several factors can cause these numbers to change. We’ll also address a few of these factors.
Now, let’s answer the question you came here to see answered. Here’s the range of telematics pricing for GPS Insight.
Telematics Cost Breakdown
Telematics pricing works with GPS Insight on a per-vehicle/per-month basis. The per-unit cost correlates to what solution and features you need to overcome your unique business challenges and get the best results. Here’s what you can expect at a base-level vehicle tracking cost.
14.95 – $32.95 per month, per vehicle.
Asset tracking (for trailers, equipment, etc.) works a little differently. Asset tracking starts at $12.95 with GPS Insight (depending on the type of equipment) and is structured by the number of times it communicates back to the server per day. The default for asset tracking is four times a day. But this can vary on the type of device and equipment the device is tracking.
Many businesses are also considering field service management software. This helps them manage people in addition to vehicles.
Buying Options for Telematics Solutions
The other factor that can increase or decrease the costs is how you buy. Customers can choose either 1- or 3-year agreements and receive most hardware at zero cost with free installation, which suffices for the majority of needs. In some cases, customers have very precise hardware requirements. In these rare cases, there may be additional hardware fees.
Customers who choose to sign month-to-month agreements will have hardware costs starting at $39.95 per vehicle.
Professional vs. Self-Installation Cost
With installation, you have the option to self-install to reduce costs (note: free professional installation is included with 1 year or longer contracts with Standard and Enterprise). Pro-install is available for all tiers and all contract lengths at an additional fee, when applicable. Some factors can cause the installation cost to change. These include vehicle or asset type, along with any additional add-ons to install like driver ID.
GPS Insight also offers installation guides (written and video) demonstrating how to perform the installation. These guides can help you or your maintenance team perform your installation. This is something to consider: It could save on upfront costs for your overall telematics price. However, it’s extremely important to perform installations correctly so there are no reporting issues with the device and no chance of driver tampering. Make sure that you think about whether professional or self-installation is right for your business.
The Fluctuating Cost of Telematics
It’s important to remember that the cost of telematics can fluctuate based on what you need in a solution. Also, no two solutions are the same. So, call us at 877-477-2690 to find out if we are a good fit to solve your unique challenges.