Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device (ELD) and dash cam data from the Motive platform with the insurer.
Motive is a software development company that combines IoT hardware with AI-powered applications to connect and automate physical operations.
“Up front, our customers save money on their premiums,” said Nick Saeger, Associate Vice President of Products & Pricing for Sentry. “Long-term, the data we gather through Motive will help us bolster our safety programs and in-house claims service even further. Telematics data could also serve as the next pricing frontier.”
Stevens Point, Wisconsin-based Sentry, which insures more than 7,000 trucking customers and 48,000 units, will provide customers who share their ELD data up to a 3% premium discount. Customers who share ELD and dashcam data will receive up to a 5% discount.
Topics Commercial Lines Trucking
Was this article valuable?
Here are more articles you may enjoy.
Homesellers Pull Listings Off Market as Interest Fades 
Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict 
More Federal Legislation Introduced to Tackle Third-Party Lit Funding 
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes 
