Category: Collision Prevention

ELDs, safety technology and the effect on fleet insurance costs

Although the insurance industry expects to see a reduction in accidents and fleet risk with ELD implementation, it’s too early to determine how those devices will impact premiums.

ATLANTA. As a fleet owner, you’ve installed electronic logging devices (ELDs) and other safety technologies throughout your entire fleet. Now your insurance premiums will automatically decrease, right?

Not necessarily, explained Harry Storck, global fleet technical specialist at AIG.

Storck, speaking to attendees at TU-Automotive’s Connected Fleets conference here in Atlanta, discussed the insurance carrier’s perspective on how connectivity is changing the landscape of commercial fleets.

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