Considering whether front and rear dash cams are good investment for your fleet? Not only can they save your business thousands of dollars, they are also recommended by the National Transportation Safety Board. Read how fleet managers are saving thousands of dollars and improving driver safety
Front and rear dash cams have become a highly adopted technology across the commercial transportation industry due to a wide range of benefits that they offer business owners and fleet managers. Not only can they save your business money and improve driver behavior, they are also highly recommended by the National Transportation Safety Board.
If your business is evaluating whether the installation of front and rear dash cams across your fleet is a good investment, consider some of the specific ways these devices can save your business significant money in the long term.
Dash Cameras Provide Accident Evidence
Accidents can happen fast. Rising insurance premiums and liability claims as a result of a commercial vehicle accident can have a devastating impact to your business’s P&L. With so much at stake, you don’t want hearsay to be the determining factor in deciding accident liability involving one of your commcercial vehicles.
Front and rear dash cams can solve this problem by serving as an eye-witness in the event of an accident. They can capture entire accidents and be used as evidence to protect your drivers and your business from liability. Even when another party is liable for an accident involving one or your commercial vehicles, visual evidence from dash cameras can help speed up the insurance claim process.
Being able to capture the events that led to an accident can also help prevent insurance fraud. Scammers who purposely cause accidents often target commercial vehicles with the intention of settling for a large sum of cash. Video evidence can help protect against these fraudsters when liability questions arise.
Some insurance companies may be willing to offer discounts for fleet-wide installation of front and rear dash cams.
Dash Cameras Improve Fleet Efficiency
Most front and rear dash cams are equipped with GPS technology, which has significantly changed the way companies manage the efficiency of their fleets. Fleet managers are able to monitor driver speed, ensure vehicles are on-schedule, and pinpoint vehicle locations in the event of an accident.
These capabilities allow fleet managers to optimize routes and prevent idling which can result in decreased fuel costs. They also allow delivery times to become more predictable, which can optimize the scheduling process and lead to less downtime and happier customers.
Fleet managers can use footage and driver data captured in dash cameras to improve the efficiency of their entire fleets. Some cameras are equipped with an SD card that can be inserted into a computer for analysis. Others are able to transmit data to fleet management software that managers can leverage in real time.
Dash Cams Improve Driver Accountability
Even though employee trust is an important part of any business, having a little extra protection can go a long way especially when it comes to expensive vehicles. Front and rear dash cams can help ensure all drivers are following company policy. When drivers are aware of dash cameras, they are more likely to drive defensively, pay attention, and stick to protocol.
Fleet managers can’t enforce company driving policies when they’re not present in the vehicle. Dash cameras can be relied on to monitor employee behavior and enforce speed restrictions or no-phone policies. Better driver behavior means fewer costly accidents and better safety records. Fleet managers can also use driving footage to reward employees for safe driving, which can help instill good habits and driving practices across the fleet.
Improved driver safety, fleet efficiency, and accident evidence are three ways your business can save thousands of dollars each year through the use of front and rear dash cameras. While there may initially be driver resistance, this technology will soon become standard for the commercial vehicle industry.