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Insurance Landscape for Fleets

In the USA, commercial trucking and auto insurance premiums are rising.  


Some fleets are reporting 10% p/a increases and increased pressure on deductibles and policy limits.  


Claim frequencies for commercial auto insurance have hit 20% (1 in 5 vehicles will be involved in an incident) and bodily injury claims are also on the rise.


Forward thinking fleets are investing in technology and will become leaders in claims management, reducing costs and making themselves targets for preferred insurance carrier pricing and treatment.


Some stats...


49.6% reduction in average claim payments

50.3% reduction in average claim payments involving third party collisions when stationary

49.25% reduction in average claim payments involving third partys changing lane / lane discipline

108.3% increase in successful claim denials involving third party collisions when stationary

20.8% increase in successful claim denials involving third party changing lanes


100% visibility of every accident / harsh event

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