The Benefits of Risk Management for Commercial Fleets

Utilizing Risk Management can help a fleet:

• Reduce operational costs—Telematics software can help keep drivers updated on upcoming traffic concerns or road hazards, offer rerouting options and locate preferred gas stations—all of which can contribute to improved fuel efficiency and reduced operational costs.  

• Encourage safe driving—Telematics allows employees to better monitor their individual driving habits and detect flaws that they might not have realized otherwise.  

• Ensure vehicle maintenance—Telematics software can detect a wide range of vehicle breakdown or maintenance problems, such as engine issues or diagnostic concerns.

• Bolster fleet security—Employers can utilize telematics tracking to detect the location and route of any stolen vehicles, simplifying the vehicle recovery process.

• Reduce administrative costs—Telematics allows employers to digitize records that would otherwise have to be maintained manually, which can be a time-consuming process.

Call our office today at 423.541.1111 to learn more about Commercial Fleet insurance and risk management solutions.