How small businesses are using fleet telematics

Posted in General, Business

White high roof transit van drives down the road.

Fleet telematics are the future of your fleet management capabilities. As a business owner, you understand safety, efficiency and savings are important for your success. Telematics fleet management allows you to become an expert at your own operations and make changes as needed to take your business to the next level.

With the right fleet management telematics solutions in place, you can improve fleet safety, streamline your business operations and cut costs. Learn how small businesses are using fleet telematics to make improvements across the board.

How fleet telematics started

Originally, fleet telematics were used to handle logistics. With GPS tracking capabilities, fleet managers could pinpoint vehicle locations and create faster routes to avoid slowdowns for deliveries. Eventually, fuel efficiency and maintenance were added.

Telematics solutions today and beyond

Now, fleet management telematics solutions have evolved to include safety measures such as improved routes and driving behaviors for fleets of all sizes. Thanks to telematics analytics, you can find safer routes and pinpoint indicators of poor driving behavior within the fleet.

Modern commercial fleet telematics can indicate efficiencies and savings opportunities such as:

  • Fleet vehicle wear and tear

    Dashboard reporting can indicate driving patterns like harsh breaking and quick acceleration. Use this data to help drivers take precaution and cut repair and maintenance costs.
  • Driver behavior

    Track vehicle location to determine if fleet vehicles are used for personal use. You can set the tracked hours to take the guessing out of fleet management.
  • Department of Transportation (DOT) compliance

    Electronic logging devices (ELD) can help avoid DOT violations around hours of operation.
  • Insurance savings

    With a proven track record of safe driving across your fleet, earn a better rate on your coverage and save your business money.
  • Theft prevention

    Hard wired GPS technology is harder to remove than plug-in fleet management, so it’s easier to track and recover stolen vehicles.
  • Instantaneous feedback

    Use the live dashboard settings to view real-time fleet data.
  • Increase fuel efficiency

    Knowing where your vehicles are and when they are in use can help cut back on falsified expenses from personal use.
  • Decrease driver turnover

    Use fleet telematics analytics to start conversations about poor driving habits which can decrease risk of accidents and other opportunities for termination.

Use fleet telematics reporting to dive into as much or as little detail as you wish. The more you use the data analytics at your fingertips, the closer you are to becoming an expert on your own operations.

Telematics helps small business owners minimize risk and ultimately save money on their insurance policies. If you don’t have a telematics solution for your small business, you can fall behind the competition, even if you have a smaller fleet.

Scenarios on small businesses with fleet telematics

You’ve seen several ways telematics fleet management can enhance your small business. Check out these scenarios, inspired by real life claims, that could happen to your business:

Scenario One: He Said, She Said

One of your fleet drivers was accused of causing an accident while driving a company vehicle. Because of the “he said, she said” nature of the reporting, it’s hard to prove your driver was not at fault.

With fleet management telematics solutions, you can prove where your vehicle was at the exact date and time of the accident.

Scenario Two: Potential Loss Recovery

A fleet vehicle was stolen from your property. You have security cameras on the property but can’t get enough details from the footage for the authorities to help you find the thief or locate your vehicle.

With fleet telematics devices, you can use the GPS technology to track the vehicle and work with authorities to recover it, eliminating a potential loss and replacement costs for the vehicle.

Talk to your agent today to explore what fleet safety, management and analytic capabilities are available for your business.

Integrity and commercial fleet telematics

Our fleet management capabilities help your business fine-tune your operations as much or as little as you wish. Beyond the possibilities of the telematics technology at your fingertips, you can work with our Risk Control experts to get the assistance you need to improve efficiencies and minimize insurance risks.

For more information about fleet telematics from Integrity, talk to your independent insurance agent.

This article is for informational and suggestion purposes only. Implementing these suggestions does not guarantee coverage. If any policy coverage descriptions in this article conflict with the language in the policy, the language in the policy applies. For full details on Integrity’s business insurance coverages and discounts, contact your local independent agent.


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