DO DASH CAMERAS PROVIDE INSURANCE SAVINGS?

It depends on how you look at it! Auto policies are seeing double-digit increases in premiums, so business owners are setting higher standards to help reduce the likelihood of claims and losses. Majority of drivers on America’s roads are just one quick text message away from a devastating
accident. There are many risk management strategies to protect your employees, your vehicles, and your company’s bottom line.

One focal point of distracted driving is fleet safety for business owners. If insurance can be seen as a long-term financing of your losses, we must believe that dash cameras with GPS tracking are proven to provide accountability for your drivers and may lower your insurance costs in the long run. Plus, dash cameras can make it possible to exonerate your drivers  from false claims with high-resolution video evidence.

 

IF YOUR BUSINESS USES AUTOMOBILES FOR ITS OPERATIONS, INVESTING IN DASH CAMERAS CAN HAVE IMMENSE BENEFITS.

+ Capture First-Hand Accident Evidence
+ Accountability for Employees by Reducing High Risk Behaviors
+ Submit Dash Camera Footage to Insurance Companies
+ Record Surroundings of a Parked Vehicle

FIRST-HAND EVIDENCE

Dash cameras act as silent witnesses during an accident. In the event of a car crash, the cameras provide crash footage, helping you identify the driver at fault. In addition, dash cameras can provide evidence of hard braking, hard acceleration, lane drifting, cornering, theft, among other things.

ACCOUNTABILITY FOR SAFER DRIVING

Suffice to say, dash cameras encourage safe driving. Many business owners will have weekly incentives for safest driving using the data provided by GPS-enabled dash cameras. Any driver with a dash camera is more likely to behave responsibly while on the road knowing that dash camera footage can be used against them, too. Hence, drivers with dash cameras tend to be more cautious while behind the wheel. Also, dash camera footage can be used against you if you’re involved in an accident or violate the law.

DASH CAMERA FOOTAGE CAN PREVENT INSURANCE FRAUD

It’s been called the Insurance Lottery for a reason. Yesteryear’s “ambulance chaser” can now use a company-branded vehicle as a motive to get a Personal Injury attorney involved. Fraudulent insurance claims are on the rise and affect insurance companies and innocent drivers. A dash camera can prevent a rogue driver from making a fraudulent insurance claim and extorting huge sums from you and your insurance company. (Reminder: This can also apply to claims associated with vandalism and theft while a vehicle is parked and unattended.)

HOW TO CHOOSE THE RIGHT DASH CAMERA

Here is a Road|Show article to get started. For contractors and fleet managers, a good dash camera should capture quality videos and audio of the surroundings. However, this depends on the type of dash camera you have. When choosing a dash camera, consider factors like:

+ FIELD OF VIEW: Consider how wide the dash cameras can capture video     footage.
+ NIGHT VISION: If you drive a lot at night, you might want a dash camera       that captures video even in low light.
+ IMAGE QUALITY: Image quality depends on the resolution of the camera.
+ GPS: The GPS feature is essential for companies or commercial car               owners. It allows you to monitor your car and driver habits.