Private Schools Save Big on Commercial Auto Insurance
Real-World Savings and Strategies
Many private schools have successfully reduced their insurance costs by implementing strategic measures. For example, schools that install GPS tracking systems in their vehicles can often negotiate lower premiums. These systems not only improve safety by monitoring driver behavior but also provide valuable data that can be used to optimize routes and reduce fuel consumption2.
Additionally, schools that maintain a clean driving record and regularly update their fleet with newer, safer vehicles are often rewarded with lower rates. Insurers view these practices as indicators of reduced risk, which can translate into significant cost savings over time. By following options provided by insurers, schools can stay informed about available discounts and adjust their policies accordingly.