100 THINGS TO KNOW ABOUT GPS AND FLEET MANAGEMENT
Hey! I'm George J. Magoci and I will send you a FREE eBook where you can learn 100 Things To Know About GPS and Fleet Management.
Asset tracking devices provide exact records of equipment use, while fleet trackers report how long each worker spends at a job site.
Instead of estimating billable hours, these tools make it easy to accurately track time and ensure you capture maximum revenue.
Spending Too Much on Insurance
Have you ever checked analytics on how much do you spend on a vehicle insurance?
For example, if you provide overloaded delivery, or a hazardous materials delivery, you probably have a large number of fleet.
In this case, insurance is essential and the expenses for it, are inevitable.
Insurance is crucial for several factors including drivers, driving behavior and accidents, cargo etc.
In addition to this, if you have drivers which are not respecting DOL regulations, the permits and speed limits you are more prone to insurance costs.
Consequently, speeding increases the chances of accidents. If a driver gets into an accidents, the insurance costs are getting high straight proportionally.
How To Avoid
As you already know, one significant factor affecting fleet operation costs is the insurance. The thing is, with the increase of your fleet, the costs increase as well.
