When it’s that time of year again to search for cheap van insurance quotes, there are various aspects that brokers look for to enable them to give you the best deal. To put yourself in the best haggling position, you can refer to our back up as a quick overview to arm yourself, as you go into battle.
Over the course of this week, we are going to link to each of the S.I.L.V.E.R. components and take a look at them in more depth. We understand that each one has a value when it comes to negotiating cheap van insurance, but what practical purpose does each element offer you, the businessman or woman?
In no particular order, let’s start with Vehicle Tracking.
There are plenty of different manufacturers on the market and cheapvaninsurance.co.uk does not align itself with any of them – this is not a sales page, purely an overview of what you should expect when you install Vehicle Tracking Software.
Corporate benefits of real-time vehicle tracking
The first reason why insurance brokers are more likely to offer cheap van insurance if you have Vehicle Tracking fitted is because the likelihood of discovering the vehicle after a theft increases dramatically. The wireless communication protocols used to transmit data from the vehicle back to the hub or mainframe where these digital signals are converted into human-friendly reports and graphics stretch the length and breadth of the UK.
No matter where your vehicle is on the mainland, the police will be able to trace its whereabouts. Insurance companies obviously like the idea of not having to fork out to replace a reported missing van but, when it comes to renewing your van insurance policy, there are far fewer fraudulent claims to take into consideration with Vehicle Tracking in place, protecting the price of your premium; in theory, anyway.
Another reason why you, the entrepreneur, should fit your fleet of commercial vehicles with GPRS/GSM/GPS technology is, purely and simply, the R.O.I. that is delivered straight back to your bottom line. Drivers are a lot less likely to be tempted into stray pastures if they know Big Brother is watching them, improving efficiency to such an extent that these devices may pay for themselves, in the long term.
And you do not have to have a fleet to harness this ‘real-time’ traceability. There are plug-and-play variations available for single-van operations, too.
The manufacturers have worked hard with tracking devices to reduce their impact on your server. Most come with a single, easy use password protected website (perfect to point your broker to when haggling for very cheap van insurance) with no complicated or dedicated software packages to install and maintain. The monthly fee is usually ‘what you see is what you get’, with no hidden costs nor maintenance issues that could lead to extortionate IT labour rates.
And the best of it is, all of the information can be turned into hard-copy reports for future budgets. History patterns of slow or idle traffic may help you to negotiate bespoke delivery times for customers outside of peak traffic hours to suit them and you, all wrapped up in a way it looks like you’re doing them a favour.
Around the clock (usually one-minute interval) updates allow you to relate to your customers if a delivery is held up in slow-moving traffic. Plus, there is always the ‘emergency collection’ – with tracking, you have immediate visibility to which driver is best suited to be diverted and make that pick-up, promoting you as a hero to your customer.
Vehicle tracking is an absolute must in today’s very real supply and demand market; you can see why insurance brokers are prepared to offer cheaper van insurance to those companies wise enough to go that extra mile and install it.