Your vehicles are some of your company’s most valuable assets. Ideally, these are reliable machines that allow your employees to carry tools, equipment or other passengers from place to place. They’re also expensive to replace, which is why it’s so important to keep each asset updated in terms of maintenance and security.
A stolen vehicle can cost thousands in damages and drive up your insurance expenses. That said, there are ways to prevent theft and keep these losses to a minimum. By installing a stolen vehicle recovery system that’s enhanced with GPS tracking technology, you’ll be more equipped to handle any challenge that comes your way.
Vehicle Theft in Commercial Fleets
Vehicle theft is more common than you might think. According to the FBI’s Uniform Crime Reporting (UCR) Program, almost 800,000 vehicle thefts occurred in 2017 alone. It can happen to anyone, and when you operate a fleet of multiple assets every day, these risks can increase.
Protecting against theft is essential, especially when you manage expensive vehicles or transport valuable goods. The challenge arises when you work with multiple vehicles and need a way to monitor them all at once. How can you prevent theft and increase the chances of recovery if it occurs? The solution is to implement a technologically advanced vehicle recovery system.
What Is a Vehicle Recovery System?
A vehicle recovery system is a strategy you use to prevent theft in your fleet. If an incident ever does occur, you need a plan or system in place that will help you recover the stolen vehicle fast.
The purpose of a vehicle recovery system is to help you keep financial losses to a minimum if someone steals one of your assets. GPS fleet tracking is a great solution if you want to make sure you’re equipped to give you a chance to recover company property quickly and safely.
Why Implement a Stolen Vehicle Recovery System?
Fleet management tracking does more than help your drivers log their hours and make sure they reach their destinations on time. GPS tracking can also help you stop theft in progress and recover vehicles before they cost you hours of productivity or even thousands of dollars.
GPS tracking for fleets is a combination of hardware and software you can use to monitor your commercial vehicles and drivers no matter where they go. In most cases, all you need to do is access the software on a computer, hook up a device to each vehicle and start tracking right away. Fleet management software is a convenient solution that can help you cut costs and minimize productivity losses.
Modern fleet management solutions offer consistent real-time data on all your vehicles, allowing you to receive frequent status and location updates. With the power of technology, you can catch theft as it’s happening and notify law enforcement immediately. Acting faster will increase your chances of recovering the vehicle and getting back to work. Having cameras or tracking devices installed in a secured place may even prevent incidents completely by deterring thieves on the spot.
Enhance Your Business With Track Your Truck
GPS tracking software is smart, intuitive, and ready to help address all your security and money-saving needs. At Track Your Truck, we deliver GPS tracking for fleets in a wide range of industries.