Purchase/Cost

Discover the most frequently asked Tracking questions

Is there a link between vehicle tracking systems and cheaper insurance?

Yes indeed, for a growing number of insurers, the installation of a vehicle tracking system and cheaper insurance premiums go hand in hand. This is theoretically the case for the insurance of young drivers, considered to be more prone to claims, but not only. For a number of luxury vehicles, not only are the insurance premiums cheaper with a GPS tracking system, but the installation of these systems is often required so that you can simply qualify for insurance.

In addition, for auto insurance for professionals billed by the mile, that is to say insurance premiums which price adapts to the distances actually travelled, it is possible to achieve significant savings with vehicle geolocation.

Indeed, by helping the optimisation of every single trip, GPS tracking systems helps you save on vehicle insurance price billed per distance travelled, since it reduces the number of miles travelled by the vehicle. In the case of business vehicle fleets with several dozen cars, utility vehicles or heavy goods vehicles, the link between GPS tracking systems and preferential insurance premium prices becomes especially interesting.

But the few quids earned in this way are far from being the main benefit of GPS vehicle tracking systems, which also allows:

  • Better safety for the vehicle, the driver and his or her cargo,
  • Better productivity for business trips,
  • Savings on fuel expenses and maintenance costs,
  • Simplified calculation of benefits in kind possibly linked to business trips…

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