Needs of the Small Commercial Fleet Owners
There are many needs of the commercial fleet owners, as far as the Usage-Based Insurance (UBI) is concerned. In this presentation, we only focused on the things that UBIs can provide.
Lower Costs on Insurance
Safety Guarantee for Customers
Speed and Efficiency of Service (getting customers and shipments from Point A to Point B)
What motivates commercial fleet owners and the pain points that they are facing?
As far as the proposed UBI is concerned (i.e. True Motion), the main motivation would be cost reduction. Insurance premiums could easily account for a significant chunk of the commercial fleet owners’ expenses . Commercial vehicles typically ...