South Africa’s notoriously dangerous road system poses a myriad of risks to any business dependent on mobility. Given the enormous financial and logistical ramifications faced as a result of the loss or theft of a commercial vehicle, it’s vital that local enterprise owners understand their specific insurance needs and ensure […]
Tag: truck insurance
The Financial Advantages of Fitting Your Fleet with Telematics
The world of trucking fleets is changing as transport owners turn to telematics to reduce costs in an industry where overheads are rising and profit margins are being squeezed. Telematics is the technology of sending, receiving and storing information to keep track of your vehicles remotely through telecommunication devices. The […]
No silver bullet when it comes to reducing the number of truck accidents
Although small motor vehicles (47.9%) and minibus taxis (10.1%) accounted for over half the accidents over the 2015-16 festive season, light delivery vehicles (22.7%) and trucks (4.8 %) were also responsible for a high number of accidents resulting in 1 755 people losing their lives during this short period. [1] […]
Heavy duty operators continuing to seek innovative insurance solutions to reduce costs, says Standard Bank
Insurance for the trucking industry is becoming increasingly sophisticated with models being written to meet specific needs of fleet owners across the spectrum of the sector-an essential requirement in times when owners are seeking innovative options to help reduce operating costs caused by rising fuel, maintenance costs and competition for […]