Theft is something all business owners must be prepared for. One industry study suggests that the average fleet will experience a minimum of 2-3 vehicle thefts per year, and unfortunately, these thefts are usually not recovered. The same study states that fleet managers reported theft was on the rise, and that the techniques used by the thieves were becoming more sophisticated. Good fleet management companies offer an alert system which will let you know if a vehicle is in use outside of a specific timeframe set by you. It also can provide police with a speedy and precise vehicle location through its GPS tracker, so you can recover your valuable stolen vehicle and its contents. One person who used this type of technology successfully recovered a vehicle worth more than $20,000.
Another issue plaguing fleet managers is false claims. Many a claim hinges on the idea that a vehicle did or did not do something, or was or was not somewhere it was supposed to be. Examples include drivers being accused of speeding in restricted zones, or of being involved in an accident at a specific location. The precise GPS and vehicle performance data collected can prove where a vehicle was or the speed at which it was traveling at any given moment in time. With such thorough data, a fleet manager has the ability to absolutely discredit any false claim encountered.