Trucking Fleets Save Big With Secret Insurance Hack
The Secret Hack: Usage-Based Insurance
One of the most effective ways to save on trucking fleet insurance is through usage-based insurance (UBI). This innovative approach tailors premiums based on actual driving behavior, rather than relying solely on traditional risk factors like driver age or vehicle type. By utilizing telematics data, UBI allows insurers to offer discounts to fleets that maintain safe driving habits, optimize routes, and reduce idle times. This not only promotes safer driving practices but also directly translates into cost savings1.