The Electronic Logging Device (ELD) Mandate is a law in place in the United States. It requires most truckers to use a device installed on their vehicles to log their movements. The goal is simple.
The ELD works to ensure drivers are not breaking laws. The goal is to ensure drivers have enough sleep and off time between loads. Ultimately, this can help to reduce the number of risks that occur. But, there are many facets to this law.
Are You a Trucking Company?
This new law is not always an easy one to understand. It also puts a lot of pressure on trucking companies. However, for these companies, there are numerous benefits.
The first is simple. Your drivers are obeying truck laws. This reduces your risk of problems occurring while they are on the road. Drivers who sleep well and who get breaks do a better job. They also do a safer job. That’s important to remember as your priority.
However, in the long term, companies may see other benefits come from this mandate. For example, it may help to lower your commercial auto insurance rates. Over time, these devices might monitor the speed at which your drivers are moving. They can help with the positioning of your vehicle. This means there is less risk that a theft will leave you without a vehicle or inventory on it. You might also gain more insight into your operation from the vantage point of vandalism. You know what is happening with your vehicle. And, your business insurance agent can as well.
Because of this, the ELD can help to ensure your rates represent the true risks of your company. If you have drivers who do not make mistakes, you might be able to pay less for your commercial auto insurance. The same is true for independent truck drivers. If you own your vehicle, you know how expensive commercial auto insurance can be. With this type of policy, you might be able to reduce at least some of those costs by simply following the rules.
The ELD may change over time. The type of information available to insurance companies could change. And, while it may be a bit expensive to put these devices in place, they can be beneficial. They can help you to protect your business with insurance that is more affordable and better in line for your needs. Contact your agent today at 800-511-2892 for more information.
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