A taxi company who have been paying thousands of pounds in fleet insurance costs has slashed it’s premium by installing CCTV cameras inside its vehicles. These cameras record both inside the vehicle and outside the vehicle.
The camera will show the drivers view out of the front windscreen as well as the inside view and also the rear view. The camera can help prevent staged accidents, work out liability and also make the drivers a lot more respectful towards their vehicles as careless driving will be recorded. Insurance companies have acted on this form of investment from companies and this new style of claims management by offering large discounts to firms who are acting in this way with their fleet insurance.
The CCTV gives accurate evidence as to what takes place at the moment of impact. This will save time on firms getting involved in long investigations due to disputed claims. When a claim takes place on a motor fleet insurance there is really no proof as to who is telling the truth and in the end the insurance company has to pay out. But with the cameras this is a different ball game as assessors have solid proof as to who is to blame. Having cameras in the vans or cars will enhance driver performance as they will be aware that if they are being recorded , if they are driving erratically. It is also more cost effective on fuel as it slows drivers down. So there are really a lot of pluses having cameras installed onto a fleet insurance policy.
Gary Trotter, general manager at Hadrian Technology said: “Local councils around the UK are discussing legislation that will require all licensed vehicles to install CCTV, ensuring the safety of passengers. When we say licensed vehicles this will apply to taxis and taxi fleet insurance.
