Progressive’s Mandatory ELD Switch? Some Small Trucking Fleets May Be Required t
For years, commercial trucking insurers have encouraged fleets to participate in telematics programs by offering premium discounts in exchange for access to ele
For years, commercial trucking insurers have encouraged fleets to participate in telematics programs by offering premium discounts in exchange for access to electronic driving data. Programs that once focused primarily on rewarding safe driving have gradually become an increasingly important part of commercial underwriting. Progressive Commercial's Smart Haul program has been one of those initiatives, allowing eligible motor carriers to share telematics data with the insurer in exchange for potential premium savings. However, documentation reviewed by us and confirmed by Progressive indicates that, for some trucking applicants, participation in Smart Haul is no longer simply an opportunity to earn a discount. Instead, it has become part of the underwriting process itself.
The issue first came to light after we reviewed screenshots from Progressive's commercial quoting platform. The screenshots showed an insurance applicant progressing through the quoting process before being prompted to identify the fleet's current electronic logging device (ELD) provider. In the example reviewed by us, The applicant selected Samsara as the company's existing telematics provider. Rather than conti
Fuente original: Yahoo Finance (https://finance.yahoo.com/small-business/articles/progressive-mandatory-eld-switch-small-220752272.html)
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