How carriers are taming insurance costs
“One of the challenges for truckers is that traditionally the ROI for investments made into safety is long tail,” said Adam Barnett, Chief Underwriting Officer at HDVI. “To invest in safety, a traditional insurance company may not respond to that for three to five years.”
HDVI uses telematics to provide fleets with more data on their risks and offers behavioral-based insurance that responds to safety performance monthly.