Employee Owned Vehicles Going Home?
by BelyndaOnly one out of every ten companies with vehicles keeps their vehicles onsite overnight. That means nine of every ten companies sends their service trucks or sales cars home with employees each night.* Quite frequently, those vehicles are used for personal trips after work hours. While this may present concerns for the company owners, many are still hesitant to implement a tracking solution for fear of push back from their employees. But in reality, it is to the benefit of both the company and the employee to employ a location-aware solution during non-work hours as well as work hours.
Did you know that if your employee misuses your company-owned vehicle during off work hours, your business can be held liable for monetary damages?* Even if your employee stops for a beer on the way home from work Friday night and ends up getting drunk and having an accident, your business may be held responsible. With this in mind, it makes no sense that an employee should have “privacy” while in your vehicle, on or off hours. Did you know that company vehicles with a logo or business name on the side can cost more to insure? Many insurers charge more because vehicles with logos are considered moving targets. If your company vehicle is involved in an accident, the public’s perception is that more money is available for a settlement because a business is involved. Not to mention, seeing a company vehicle crashed on the side of the road (or parked in front of a gentleman’s club or liquor store, for that matter) can damage your company’s reputation in the eyes of passers by. This is another reason you should be tracking your vehicles 24 hours a day, seven days a week.
While some insurance companies do charge more to insure vehicles with company logos, many companies offer discounts for having GPS on board. My insurance company, for example, gives me a discount on my premiums because the Remote Dynamics unit I have hidden in my vehicle qualifies as a theft recovery device. This is well worth looking into, especially if employees will be in control of company vehicles during off-work hours.
We have several customers that will not put their vehicles into service until GPS is installed and operational. One customer frequently adds to their fleet, and has us install the GPS system into all new vehicles before they even accept delivery from the dealership! These customers have the right idea. Not tracking your vehicles, even those driven by employees you trust, is just asking for trouble.
*Statistic provided from the National Association of Fleet Administrators 1999 Vehicle Policies and Procedures Survey.