SecureFleet℠ for Charter Bus
that combines industry-leading technology and innovative risk management solutions to make your charter bus fleet safer, efficient and more profitable
Included with ProSight Specialty Insurance coverage*
Providing Customers with Added Value
ProSight possesses a unique commitment to its charter bus customers primarily centered around delivering innovative solutions developed exclusively for ProSight customers. These solutions go beyond traditional insurance services to focus on often unaddressed business needs and provide added customer value.
The latest example of the ProSight customer commitment is SecureFleet℠
SecureFleet℠ combines a patented vehicle data and video event recording system with a comprehensive driver performance program to help charter bus fleet owners and safety managers reduce risk, reduce costs and manage charter bus fleets better.
- Can reduce fleet claims and accidents by up to 70%
- May dramatically reduce maintenance costs from wear and tear
- Could improve vehicle fuel efficiency by up to 10%
- Enhance fleet oversight and management
- Help determine the cause of accidents
- Achieve greater profitability through potentially SIGNIFICANT savings
When compared to retail pricing for the dash-cam equipment and accompanying service, SecureFleet℠ offers an average savings of over $950 per vehicle in the first year. For a 50 charter bus fleet, that’s a total savings of $47,500!
With the SecureFleet℠ program in place, charter bus owners can expect to see savings in the first year with even greater returns in the future.
A typical savings scenario for a 50 vehicle charter bus fleet is shown below:
If you're interested in a customized savings analysis to better reflect your operation, please contact our partners at KF&B
1Based on annual direct claim costs of $4,082 and a multiple of 3x for indirect cost of claims, and 15% and 30% reduction in claims costs in year 1 and ongoing, respectively. Indirect costs include things such as lost time due to injured drivers, management oversight and clerical costs
2 Based on annual miles driven of 57,000 per vehicle and 3% and 5% fuel savings in year 1 and ongoing, respectively
3 Based on annual maintenance costs of $17,000 per vehicle and maintenance savings of 5% and 10% in year 1 and ongoing, respectively
4 Based on avg installation costs of $195 in year 1 and an annual $50 connection fee per year
*All service and unit costs are borne by ProSight except installation costs and a $50 annual connection fee per vehicle; approximate installation cost per vehicle is $195
The content of this material is a marketing communication. The material is for general informational purposes only, and does not take into account your personal circumstances or objectives. Although the information set out in this marketing communication is believed to be reliable, ProSight Specialty Insurance does not guarantee its accuracy or completeness. This material includes statistics and information based on past performance of fleets utilizing the dash-cam unit. Any information set forth herein related to past performance does not guarantee future results. Results may vary based on utilization, fleet size, driver actions and other factors. All information is indicative and subject to change without notice and may be out of date at any given time. The description of any coverage herein is a summary only. Please refer to the actual policies for complete details of coverage and exclusions. Coverage may not be available in all states. Issuance of coverage is subject to underwriting by ProSight Specialty Insurance.