Insurance companies measure and calculate risk by evaluating the level of risk and then specific rates are set. In addition to insurance companies monitoring driver behaviour through telematics, it is also a well-known fact that the way you drive directly impacts wear and tear, the longevity of your vehicle and your engine’s fuel economy.
Matrix understands that driver behaviour not only affects your insurance premiums, your vehicle’s lifespan and your pocket, but it also impacts yours and others’ safety on the roads. This makes driver behaviour tracking and analysis an important benefit of Matrix’s tracking solution.
Through Matrix’s specifically designed tracking and behaviour monitoring applications, you will receive a notification via the Matrix Smartphone App whenever your vehicle experiences the following events:
- Harsh braking
- Harsh cornering
- Harsh acceleration
- Speeding