However, there are ways to save on the insurance costs of your fleet. Prudentminds.com offers a number of possibilities.
According to recent research, the costs of car cover have increased with over five percent in only the last three months. Looking for cheaper ways to get insurance for your cars could therefore really pay off. First, you can accept a higher excess. This will bring down the insurance costs, but it will increase your risks. Requesting discount for the insurance of multiple cars is also a great possibility.
Also, paying the fees annually upfront can be a great deal: insurers offer large discounts in that case. Besides, if the fee will go up within that year, you’ll be able to benefit from the ‘old’ fee.
However, the best way to insure your cars for a great price is to offer the insurer something in return. C-Track can help you with that. C-Track offers companies a vehicle tracking system, that will help you locate any stolen vehicle by using GPS satellites and the GPRS network. In case a vehicle is stolen, you will be able to locate it yourself. This will reduce your risks – which means you can accept a higher excess – and it might also help you to get a better deal with your insurer; not only your risk is reduced, but also the risk of the insurer.
Of course, the C-Track vehicle tracking system can also be used for other purposes, such as tracking vehicles and analysing their efficiency. For more information on the tracking systems of C-Track, please contact us.
