Usage Based Insurance (UBI) is a type of vehicle insurance that calculates the insurance premium of a vehicle based on the usage of the vehicle and the driving pattern of the personnel. UBI is a recent innovation by Auto-Insurers where the mileage and driving behaviors are tracked using self-install-able GPS Tracking devices.
FleetRoboTM GPS Tracking devices measure a number of factors that lead to the complete measurement of the driving pattern and usage of a vehicle, this includes, Distance Traveled by the Vehicle, Sudden Accelerations; Harsh Braking; Sudden Steering; Over-speeding, etc.
The amount of data that may be gathered from a vehicle depends on the type of GPS Technology deployed in the vehicle. Based on the data received from the vehicle, the Insurance company then calculates the premium of that vehicle.
With FleetRoboTM, uberize your fleet/taxi business and track your vehicle's activities and location in real-time while they are on the go with the ease of a phone application.
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