Fleet dash cameras are cameras that you install in and around a vehicle that provides extra coverage to track what is happening on the road and inside the vehicles. When running a commercial fleet, using the correct dash camera is important because only commercial fleet dash cameras will provide you with the video evidence and telematics needed in the event of an accident. Choosing the correct fleet dash camera can also help you lower your insurance premiums. Continue reading to learn about lowering your insurance premiums by choosing the right fleet dash cameras.
How Fleet Dash Cameras Can Lower Insurance Premiums
If a vehicle in your fleet is involved in an accident, a dash camera provides undeniable proof of what occurred. This level of evidence can help you to support insurance claims and ensure the right party is found responsible. Another benefit of fleet dash cameras is that they can help to reduce false claims and fraudulent activity because video evidence is hard to disagree with during the claims process. Dash cameras help make the claims process quick and easy, so some insurance companies will provide a discount on insurance premiums to companies that use fleet dash cameras, and some even cover the cost of installation as well.
Virginia Eagle Beverage Distribution and Chamberlin Roofing & Waterproofing have saved on their insurance premiums after implementing fleet dash cameras. Virginia Eagle Beverage Distribution reported that they saw an 18% reduction in their insurance claims when they began using fleet dash cameras. Chamberlin Roofing & Waterproofing saw a 5% reduction in their insurance premiums when they began using fleet dash cameras as well.
Choosing The Right Fleet Dash Camera System
There are so many different dash cameras on the market so it is important to consider a variety of factors before making a choice.
Some factors to consider include:
- Features: There are tons of different dash cameras with a combination of features, so make sure to narrow down the specific features you are looking for. Decide if you want live streaming video, GPS tracking, or an SD-card-based camera.
- Scalability: The transportation industry is huge and constantly growing, so be sure to select a camera provider that can keep up with your demand.
- Resolution and Visibility: Having clear visibility of any incident that occurs is one of the main reasons why companies want a dash camera. Make sure to check the solution and video quality of your dash camera.
- Durability: Buying a durable camera is very important for fleets – and can become crucial when it comes to bad accidents. The last thing you want is for your camera to break, and you lose out on proof of fault.
- Data Access: Most fleet management providers have online platforms and apps that you can use to access the recorded footage. The more easily accessible the footage is, the easier it is to gain access when you need it most.
- Company Reputation: Make sure to do proper research on your dash cam provider before buying a new camera. It is important to work with a company that has a good reputation as well as communication so that you can ensure you get proper assistance when it is needed.
Working With Your Insurance Provider
To secure discounts from your insurance provider on your fleet dash cameras start by discussing their policies with a representative. Highlight the camera’s features and benefits for risk reduction and accident prevention. Inquire about any necessary requirements or certifications. Make sure to keep a record of all communication and agreements. Engage actively and emphasize the advantages of dash cameras to increase the chances of receiving discounts, and reducing insurance costs. You can provide your insurance provider with evidence – like claims that have been supported by the footage from a fleet dash camera – to show how it benefits both the insurance provider and your fleet.
Fleet dash cameras offer numerous benefits when it comes to securing insurance discounts. By investing in these advanced devices, businesses with fleets can significantly reduce their insurance premiums while enhancing safety on the roads. The cameras’ features and capabilities contribute to risk reduction and accident prevention, making them invaluable tools for fleet management. Therefore, it is crucial for businesses to seriously consider implementing fleet dash cameras in their operations. Not only will this decision help save money on insurance premiums, but it will also demonstrate a commitment to prioritizing safety and protecting valuable assets. Take action today and equip your fleet with dash cameras from Gentrifi to reap the financial rewards they offer. Schedule a free consultation with a camera specialist today to learn more!
