Usage-based insurance (UBI) is seeing unprecedented adoption in fleets according to video telematics provider VisionTrack. It gives a live insight into driver behaviour, enabling insurers to price individual driver and fleet policies.
“UBI generates vast amounts of data on how drivers behave on the road,” says VisionTrack MD Simon Marsh (pictured). He adds that some fleets are saving thousands of pounds on insurance premiums with UBI technology.
VisionTrack’s VT24/7 product is one such monitored behaviour service designed to aid accident prevention and increase claim efficiency.
