Motive
Case Studies
Tri-Pol Enterprises: Using IoT for Insurance Savings and Driver Coaching
Overview
Tri-Pol Enterprises: Using IoT for Insurance Savings and Driver CoachingMotive |
Transportation | |
Logistics & Transportation | |
Fleet Management Vehicle Telematics | |
Data Science Services | |
Operational Impact
Hill was successful in convincing the insurance company to lower the cost of the insurance premium through the use of his data, as he was able to show the progression of safety metrics. | |
Over a short period of time, Tri-pol’s safety improved while dangerous driving behaviors decreased. | |
Tri-pol’s active measures, such as removing unsafe drivers, enforced safety policies and maintained safe driving habits. | |
Quantitative Benefit
The entire fleet experienced a 13.75 percent increase in the distance between harsh braking events. | |
The insurance company increased the rate only 17 percent and not the 45 percent because Hill could show them what they were doing based on the data that KeepTruckin provided. | |