KnowYourHire.com
Title
Protect Your Business
Description
Excerpted from the website:
- Many fleet managers are experiencing positive results through the use of vehicle tracking devices , including slower vehicle speeds and decreased mileage, which also decrease a driver’s chance of getting into an accident. The total cost of accidents is estimated at $160,000 per million vehicle miles traveled (MVMT). Risk exposure can be calculated at 16 cents per mile, meaning fleets are covered for 16 cents of risk exposure for every mile a vehicle is on the road when physical damage and all other associated expenses are factored. Conversely, fleets save 16 cents for every mile not driven.If fleet managers can eliminate unnecessary mileage, they eliminate risk exposure. Managers can track and eliminate odd-hour and unauthorized usage and excessive speeding through implementing a vehicle tracking program. The other positive effect is increased productivity. The average employee driving a company vehicle makes 2.6 unauthorized stops or side-trips per 8 hour shift worked. Simply the knowledge that the vehicle is equipped with a vehicle tracking system curtails most negative behavior.
