About Fleet Insurance and Some Resources

Conveniences as the vehicles are for transportation, there are chances of accidents, brought rubs and other risks at the same time. How to reduce those risks associated financial loss? Spend a small amount of money to get them insured– insurance is an effective method.

The fleet insurance has some basic conditions: the current insurance nationwide implementation by the Insurance Regulatory Commission formulates uniform terms and rates, including basic types of insurance and additional insurance, which for the non-insurance business vehicles have nine. We will be sub-types to introduce to you easily understand which types appropriate for you.

Basic insurance: Loss of vehicles third party liability insurance

Responsible for compensation as a result of natural disasters and accidents caused loss of the insured vehicle itself. Responsible for compensation to others because of accidents caused direct losses of casualties or property. (National compulsory insurance)

The additional loss of vehicles, dangerous risk: (in the vehicle insured losses on the basis of risk to be insured). New risk loss of spontaneous combustion equipment losses increased risk This is liable to electrical appliances, lines, fuel supply system failures and their own reasons for carrying cargo fire caused the loss of the vehicle itself. Vehicles responsible for the compensation due to accidents such as collisions caused by the additional equipment on board the direct loss.

Additional third-party liability insurance: (third party liability coverage on the basis of risk to be insured); car insurance no-fault liability officers liability insurance; vehicular traffic is responsible for the accident compensation insurance caused by the car casualties. Responsible for compensation in traffic accidents caused each other casualties and property losses, although the no-fault car, but for the rescue of the wounded, and other owners have to pay the costs and could not be recovered.

Other additional risk: (in the vehicle insured loss insurance and third party liability insurance only on the basis of the insured)

Excluding special risk insurance deductible

That is 100% payment. The Legislature is responsible for compensation and third party liability insurance shall be borne by the insurers in their commitment to the deductible amount.

How many vehicles does your company have, and is your company using fleet tracking system? If there are many transportation tasks, it is suggested that fleet tracking should be taken into consideration, and it is necessary because of the safety, efficiency it brings to your company, and money saving, which can be show by the following features of it.

1. Real-time monitoring can capture the vehicle status at any time, even the number of persons in the vehicle and the surrounding environment. This is one of the best ways to track the vehicles.
2. The corresponding of vehicle location can be shown at any time, with which the position of the vehicle, speed, direction and other information can be available to be read at any time. What’s more, this can ensure the direct route to the destinations. Consequently, it can save time and money. Also, it improves efficiencies by the proper arrangement of the transportations between the start location and the destinations. In most cases, it can save time and money at a degree that may be beyond your imagination.
3. Travel records can be played back at any time according to traffic routes. The track record within three years or more, including the speed of vehicles, direction, location and so on, will be well recorded. Therefore, if anything happens to some past transportations, it is easy to get evidences by referring to the records.
4. There are a number of alarm modes against burglary and robbery on the alarm monitoring equipment, which can also record time of the door opening, non-normal switches, and touches etc. When the vehicle is in danger, the GPS monitoring center will immediately notify the owner. So, the safety of the fleet can be greatly improved. In a sense, it can save time, too.

Here is a list of the best fleet tracking resources:

GPS Fleet Management Software & GPS Vehicle Tracking Devices of GPS Fleet Solutions offers Fleet Tracking systems which allow you to manage your trucks and your employees by offering Real Time System or a Passive System GPS Fleet Solutions.

Discrete Wireless, also, offers GPS Vehicle Tracking System, Fleet Management, which brings you a system of 2 minute real time updates with the MARCUS GPS fleet tracking web application.

Advantrack provides GPS tracking systems, vehicle tracking systems with ATTI’s GPS fleet tracking product line helping companies with mobile fleets. It can be a good choice, too.

GEOTAB offers passive GPS tracking device and service, no monthly fee. I think, it may be attractive to some companies which are in need of this kind of service.

The above mentioned are some best fleet tracking resources I know. Generally speaking, GPS fleet tracking system with vehicle tracking solutions allows companies to track the location of their vehicles on any computer.