Vehicle Telematics Program Gains Speed with Commercial Auto Customers
With
As a relatively new sector rapidly growing, the global commercial telematics market size is predicted to surpass
PHLYTRAC has lowered the frequency of accidents for users by 19%. A small device that can easily be installed in minutes, PHLYTRAC alerts organizations of dangerous driving behaviors such as speeding and hard braking so they can take action to lower the risk of driver-related accidents. The devices can even help reduce gas costs by tracking vehicle idling time and providing more efficient routing.
"It helped us improve the safety culture because people live it every day," said
"One billion miles traveled is an exciting milestone for the PHLYTRAC program," said
Vehicle telematics surfaced originally for personal auto coverage, designed to track individual driver behavior to help carriers better determine premiums. PHLYTRAC is not used to calculate premiums and PHLY covers the cost for insureds with auto coverage to help them make more informed decisions about their fleets.
Visit PHLY.com/PHLYTRAC to learn more.
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