With behaviour scoring technology motorists can see how they can improve their driving. This is reducing the risk of accidents and, by providing evidence of good driving to insurers, vehicle owners can lower their premiums. Usage-based insurance policies based on Risk Technology’s behaviour scoring solution have been shown to reduce insurance costs by 30% typically.
Behaviour scoring can also dramatically lower fuel consumption by helping motorists to drive more efficiently. Risk Technology’s driving style analysis and insights has been proven to help reduce fuel usage by up to 20%. This is allowing fleet managers and drivers to make significant cost savings and dramatically cut CO2 emissions.
Reduced maintenance costs
By ensuring vehicles are driven in an appropriate manner at all times, motorists and fleet managers can reduce the cost of maintenance. Risk's behaviour scoring technology will inform motorists when their driving style is likely to cause damage to vehicles and advise them how to reduce wear and tear.