Driver Exoneration Leading Reason for Deploying Safety Technology: Teletrac Navman Study

New research from Teletrac Navman found that 84% of fleets cite driver exoneration as a leading reason for deploying safety technology, with 53% of fleets that suffered accidents in the past 12 months successfully able to exonerate a driver.

“The role of telematics is evolving and taking on a more strategic purpose in fleet organizations, moving solely from a tool used for cost control and improvements, to an extremely powerful, proactive risk prevention and management solution,” says Alain Samaha, CEO, Teletrac Navman. “A high percentage of fleet safety incidents are caused by third parties and other external factors, and video telematics is now the most powerful tool to provide irrefutable, contextual evidence that protects people, preserves reputations, and stabilizes margins.”

Key takeaways:

·        The study uncovered that one-third (34%) of fleets reported being impacted by fraudulent motor claims. Meanwhile, 77% of respondents also agreed that increasing litigation and legal costs are now a global concern, made evident by the rise of fleet insurance premiums, with umbrella liability coverage increasing from 10-30% and auto liability from 10-20%.

·        Modern fleets are also taking a considered and layered approach to risk management, with 56% utilizing five or more technologies and 74% partnering telematics with dashcams.

·        Since implementing safety technology 85% of fleets have reported being able to counter the general rise in insurance premiums, with 65% recording premium decreases. Nearly three-quarters (70%) of respondents reported that combining cameras with telematics data drastically reduced the time needed to process accident claims, indicating that integrated evidence is transforming disputes into clear outcomes.