Make a Payment
Report a Claim
Find An Agent
Why Choose Amerisure
Partners For Success
Communication Is Key
Find an Agency
Board of Directors
Products & Services
Amerisure Command Coverage
Contractors Advantage Program
Manufacturers Advantage Program
Fleet Safety Tips
Observational Safety Program
Organizational Safety Culture Survey
Hogan Behavioral Safety Assessment
Claim Cost Reduction
Report a Claim
SureConnect Access Request
Annual Premium Audit Service
Life at Amerisure
Diversity, Equity and Inclusion
Total Rewards Program
Students & Graduates
Internships and Development Programs
Amerisure Insights Blog
PROPERTY & CASUALTY
AUG 12, 2021
Telematics Essential to Effective Fleet Management
Telematics technology, previously considered “nice to have” for many fleet managers, is gaining significant traction as more companies realize the distinct advantages of monitoring systems.
While some were initially hesitant about telematics because of the anticipated reaction of drivers or the assumption that a fleet must be large in size, notable organizations such as Amazon and UPS have helped underscore the benefits of tracking fleet data for companies across industries.
In fact, demand for and implementation of telematics is expected to reach pre-pandemic growth rates and beyond. According to
technology such as telematics is expected to be “dominant drivers of the fleet management market” with continued growth in the next decade.
How Does Telematics Work?
By connecting a data logging device to the vehicle, telematics software provides key information about the vehicle and driver, including:
Location and maintenance status
Fuel consumption and idling time
Driver speed, braking/cornering, acceleration
This data is fed into a system that provides real-time insights about how drivers and vehicles are performing, enabling fleet managers to analyze, evaluate and improve usage and behaviors.
Electronic Logging Data (ELD) rule
requiring the electronic tracking of information for many commercial drivers, including hours of service, total driving time and miles driven, adding telematics to make the most of this information is the next logical step for many fleet operators.
What are the Benefits of Telematics?
There are several opportunities when utilizing telematics for the company and drivers:
Fleet owners can evaluate routes from both a safety and fuel consumption perspective and revise as needed to reduce delivery time and expenses.
Tracking hours-of-use information and system alerts allows for scheduling of proactive vehicle maintenance and addressing issues before they escalate
Two-way communication between drivers and companies enables more accurate customer communication on critical updates and delivery estimates.
The halo effect of telematics makes drivers aware that behavior is being monitored, leading to smarter decisions and fewer impulsive actions. The data also enables coaching on what drivers are doing well and areas where they may need improvement.
Participants in programs such as Amerisure’s FleetAlliance® can receive premium discounts and eligibility for additional reductions based on fleet performance.
Participation in Amerisure’s innovative FleetAlliance® program provides the benefits of telematics without out-of-pocket expenses. The program also provides direct access to Amerisure’s Risk Management team for successful implementation and management. To learn more, contact your Risk Management Consultant at (800) 257-1900 or firstname.lastname@example.org.