Since the inception of the insurance industry, the heart of the premium calculation has always been risk. The lower the risk associated with an asset, the lower the premium, and vice versa. For fleet owners, this translates to a need to improve their risk profile, which can directly impact their claims history and reduce insurance costs.
Telematics for insurance utilizes advanced technology to monitor vehicle and driver behavior, which helps assess the associated risk more accurately. Since fleet insurance premiums are primarily based on this perceived risk, having clear and concrete data on fleet operations becomes invaluable.
TN360 by Teletrac Navman is an AI-powered platform that transforms raw data into actionable insights, offering fleet managers a 360-degree view of their operations. From enhancing safety to managing risk TN360 has the tools that you need to battle rising insurance premiums. Contact us to learn how TN360 can transform how you manage your fleet or build a custom solution using our online tool to see how the application can meet your needs.