Both individuals and organizations have different needs based on the unique challenges they face as far as vehicle management is concerned.
It pays to understand what those needs are and how a car tracking system can be of use to cater to some of them. To get the most out of a car tracking system, one needs to understand its benefits and assess if they’re worth banking on (or otherwise).
5 Benefits of Tracking your Car
1. Improved Safety
The safety of both the driver and the vehicle is no doubt a top priority. The genesis of achieving this is by having a vehicle that’s well driven.
A well-driven vehicle will consequently improve the safety of the driver and the vehicle. Car tracking systems are able to monitor and alert how a vehicle is being driven. The vehicle owner can then use this information to improve on the areas that need improvement and laud and recognize the best drivers.
2. Minimize Fuel Costs
Unauthorized vehicle use can lead to high fuel costs. With a tracking system in place vehicle owners and companies are able to keep an eye on how their vehicle(s) are being used.
The system will alert when the vehicle is being used during unauthorized hours or if the driver deviates from the specified route.
Business owners can also use a car tracking system to minimize fuel costs by ensuring that they’re assigning jobs to the nearest vehicle to a job sight and that it takes the most efficient route.
In addition, advanced systems are able to monitor and alert the vehicle owner in case of fuel siphoning.
3. Lower Operational Costs
A car tracking system is able to alert in real-time on the activities of the vehicle(s), by having this information vehicle owners can make informed decisions aimed at increasing efficiency and consequently reducing operational costs.
Having instant access to data helps identify problems quickly and ensure measures are put in place to mitigate costs that could have been incurred if such problems could have persisted.
4. Insurance discount In Kenya
Most insurance companies in Kenya offer discounts to vehicle owners with a car tracking system in place.
The discount may be in form of reduced premiums, though this is not common. But having a tracking system in place can be used as bargaining power for lower premiums.
The most common discount is the reduced excess percentage. Vehicle owners with a car tracking system in place may receive a reduced excess percentage as opposed to those without such a system installed on their cars.
Below is an illustration quote from Sanlam an Insurance company in Kenya headquartered in Nairobi.
As you can see, under Sanlam, a person with a tracking device or a fleet management system would be charged an excess protector cost of 2.5% of the value of the car while a person without an anti-theft device will be charged an excess of 20% of the value of the car. See the full quote by Sanlam here.
5. Theft Recovery
Without a doubt, theft recovery is one of the top benefits of car tracking, especially in Kenya where car theft is on the rise.
Cars like Toyota Fielder, Axio, Probox, etc are more susceptible to theft. A certain tweet actually described them as a “thief magnet”. It’s therefore important to have a tracking system in place.
With a tracking device installed you get real-time updates of the activities of the vehicle therefore unusual activities can be detected almost immediately.
In the unusual event of vehicle theft, a car tracking system can aid in the recovery as authorities can know the exact location of the vehicle and retrieve it.
To top it up, car tracking systems also have an anti-theft feature where you can remotely cut off the engine so as to deter theft from happening in the first place.
Conclusion
Those are just some of the benefits of a car tracking system. There are so much more benefits offered by the system, therefore, making it an investment that is both safe and worthwhile in the long run.
With this information in mind, you will find yourself managing vehicles more efficiently, from lower fuel costs to more efficient routes everything will be improved.
Should you need further advice, get in touch with a car tracking expert for a free consultation here.