Fleet Insurance

Homeland Security Impact on Transportation Insurance

Since the September 11th terrorist attacks, fleet owners, operators and commercial carriers have endured tremendous transportation insurance rate hikes. Insurance companies and the reinsurance companies that cover their risk are struggling to pay an estimated $40 billion in 9/11-related claims. Many will pass those costs, as well as the price of higher risks associated with future loss due to terrorism, to customers. Hazmat haulers in particular face mounting premiums.

Safefreight Systems Can Help Lower Your Trucking Insurance

Since trucking companies often have difficulty in passing on increased insurance costs to shippers, strategies to lower premiums and lessen risks related to self-insurance are always being sought. Safefreight’s telematic fleet security technology can lower company insurance costs while providing productivity gains through tracking and reporting technology that works in tandem with security functionality.

Safefreight’s SmartFleet® system delivers mobile intelligence. You have the ability to reduce risk by enhancing cargo and vehicle security with:

Immediate security breach notification that is enabled when intrusion or tamper sensors are triggered. You will know immediately if the contents of your vehicle or trailer are at risk either through the internet, pager, email, text messaging or cellular phone.

Onboard alarms that deter theft and unauthorized access on the spot. Alarms can be armed/disarmed by the driver with a keypad or key fob, or remotely by dispatch.

Onboard panic buttons notify of driver distress when it is activated. An alert is sent immediately to dispatch or to a call center to implement your security protocols.

Paging devices that alert the driver to unauthorized activity when the pager-equipped driver is within a one-mile radius of the asset.

Immediate response to security alerts through a call center tie-in that allows you to improve the likelihood of asset recovery.

SmartZone™ virtual perimeters that provide a radius of security to guard against asset theft or mismanagement. Tools include geo-fencing and geo-zoning.

Remotely managing temperature and onboard security (like changing access codes for the keypad) from any web-enabled device.

Protection against loss due to theft or spoilage with onboard sensors that notify you immediately when your perishable goods may be compromised.

Improved on-time delivery and distribution through the ability to determine in real-time accurate arrival times, load locations and status.

Better control and management of shipments by responding to problems or changing customer requirements.

Predictive and preventative vehicle maintenance through Safefreight’s onboard working hour feature that observes and identifies key milestones and maintenance thresholds.

Standard reports that can provide a forensic trail. These include working hours summary, stop/go activity, idle time, alarms, trip summary, trip details and vehicle history.

Protect your fleet, your cargo, your investments and your profitability with smart technology and systems from Safefreight. Contact us to discuss how our products can lower your insurance rates and increase your productivity.