Increased Production
If you've recently noticed that you've been paying overages in employee's wages, then you're wasting dollars on overtime. How do you know that your employee is being productive, rather than "milking the clock"? With the GPS installed into each vehicle, you can now monitor- Time spent per service call, response time per service call, efficient routing information (saves gas and response time, especially in today's economy and the fluctuating prices of fuel, break times vs. idle time, speed monitoring feature (helps promote safe driving, and in most cases, serves as witness in case your vehicle gets caught in a speed trap), and save money on tire costs.
Insurance and Tax Breaks
Car insurance companies offer reward incentives for employing safety measures and devices into your company vehicles. Incentives range from discounted premiums and up to 35% decrease in insurance rates. Here is a general list of Top Insurance Companies that offer insurance breaks for installing GPS systems into their vehicles (qualifies under "Anti-Theft Device"): AAA Insurance, Liberty Mutual, AIG Insurance, Mercury Insurance, Allstate Insurance (CA, TX, NY, FL), Nationwide Insurance (CA), ALFA Insurance (
AL), Progressive Insurance, Farmers Insurance, Safeco Insurance, Fireman's Fund, USAA Insurance, GEICO, 21st Century Insurance, and Georgia Farm Bureau Insurance (GA).
Also, if you operate your business in any of these states, Anti-theft Device Discounts are state mandated: Illinois, New Mexico, Kentucky, New York, Louisiana, Pennsylvania, Massachusetts, Rhode Island, Minnesota, Texas, and New Jersey.Note:Before you sign up for any insurance plans or premiums, be sure that you understand the terms and agreement for coverage, before committing to the service.
Under the 2008 Federal Economic Stimulus Act, businesses that purchase GPS tracking devices may qualify for tax breaks. Be sure to check with your tax agent about qualifying your business. Once you make the decision to equip GPS vehicle tracking systems into your mobile fleet, your investment should increase profits many times over. Also, you will be pleased at how easy it is to maintain and monitor your business, virtually at the convenience of your PC desktop or laptop computer.
Published by Jackie Hale
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