Your camera system the independent witness
Your record of loss or ‘claims experience’ influences the insurance premium you as a fleet operator pay to insure your fleet. The introduction of fleet safety policies and technologies to reduce the frequency and severity of claims can help keep insurance premiums under control and at a manageable rate.
To achieve lower claims and defend against fraudulent ones, fleet operators are rapidly adopting vehicle-mounted camera systems to act as an ‘independent witness’ of road incidents.
This proactive adoption of vehicle camera systems serves as a powerful tool in reducing fleet insurance premiums.
Berg Insight stated there were 2.9 million dash cameras in fleet vehicles in the US in 2021, and the market for dashcams is expected to grow quickly, the growth rate ranges from a compound annual growth rate of 13% over the next several years.