IN INSURANCE Company- how APNAGPS will helpful.

1- Insurance Discounts with GPS Tracking We get asked all the time if installing GPS tracking on a fleet will reduce a company’s insurance premium. The short answer is generally “yes”. In some cases by as much as 10% or more.

Insurance companies are motivated to reduce risk and GPS tracking systems are all about reducing risk. Thefts and accidents lead to higher insurance rates.

2- Easily solve the Fraud claims

3- Quick Recovery of a Stolen Vehicle  With GPS tracking, if a vehicle is stolen, you simply go online and see where it is. Even if the thief is still driving the vehicle you can literally watch them travel down the road and help the police make a quick recovery.  With Geofences and Alerts, if a vehicle is stolen from your yard after hours, the system can send an alert to your phone letting you know one of your vehicles is moving when it shouldn’t be.  The units are small and installed covertly with no external antennas. A thief won’t even know the tracking device is there, so won’t have any warning that they are being tracked.

 4- Encourages Safe Driving

 Reducing excessive speeding and unauthorized use of company vehicles reduces this risk significantly.

People are more conscientious about their driving when they know they are being monitored. When a company tells drivers they are being tracked, you can expect 80% of the bad behaviours to disappear almost immediately.

However, an ongoing program of driving behaviour review and coaching are important to maintaining the benefits from a GPS tracking system. For many insurance companies, showing that you are using the data to coach bad behaviour and improve safety are an important part in maintaining the discounts. You should always check with your insurance broker about programs and discounts available to you under your policy.

While GPS tracking will help you save significant money on fuel, maintenance and efficiency, the insurance discounts you receive can be a nice added bonus to your business and help reward you for reducing everyone’s risk.