Maximizing the ROI of Dash Cams

Dash cams provide a powerful method for reducing risk by helping you identify the most dangerous driver behaviors in a timely manner. But you can maximize your dash cam technology investment by taking advantage of these additional benefits:

• Increased fuel efficiency
• Improved CSA and CAB scores
• Reduced insurance premiums or minimized rate increases

Fuel Efficiency

According to American Trucking Association’s Technology and Maintenance Council (TMC), the most skilled drivers can produce as much as 35% better mpg than less-skilled truck operators, proving that fuel efficiency can be improved with proper coaching.

If your drivers keep an adequate following distance, they do not hit the brakes nearly as often. Avoiding jack-rabbit starts is easier on drive trains and better for fuel efficiency. Speeding over 55 MPH and especially over 70 MPH greatly reduces MPG. These instances can corrected when captured with dash cam data and video and addressed with driver training and coaching.

CSA and CAB Scores

It may not be widely known that 90% of trucking insurance carriers use data aggregated by a business called the Central Analysis Bureau (CAB) to create a CAB score. Your company’s CAB score is primarily a reflection of your CSA scores.

Your actual losses may be acceptable, but your CAB score may show risk based on CSA information. It is possible to have lower accidents and loss amounts, but drivers are getting cited frequently. Certain non-preventable accidents could be damaging your CAB and CSA scores.

The goal is to keep your BASIC scores as low as possible and quickly eliminate CSA alerts. Three or more CSA alerts can cause carrier insurance rates to double or triple.

On the contrary, low CSA scores and fewer crashes can help you fare better if you are involved in litigation and may substantiate lawsuits of your own. The solution is corrective action training based on observed driving behaviors.

Insurance

According to the 2022 Operational Costs of Trucking ATRI study, truckload carrier insurance premiums differ greatly by carrier size. Fleets with fewer than 26 trucks paid more than twice as much per mile as fleets with more than 1,000 trucks.

Forty-nine percent of respondents that have installed dash cams said they had seen a decrease in the average value of insurance claims, and 61% said they had seen a decline in the number of insurance claims.¹

No other piece of in-cab technology provides such a substantial return on investment across multiple areas of your organization. With dash cameras, the ability to proactively manage your risk and improve operations is significant.

Download our FREE whitepaper, "The Dash Cam Return on Investment", to learn more about how dash cams can benefit your organization. Or, talk with a specialist today about why the VideoProtects^® Fleet Camera System is a smart investment in improving operations, safety and risk mitigation.

¹Leveraging the Benefits of Dash Cam Technology. J. J. Keller & Associates, Inc. and Freightwaves. November, 2019.