1. Protect Yourself From Crash For Cash Scams
The main argument for installing a dash cam is to offer protection against crash-for-cash fraud, which has unfortunately become more common in recent years. The purpose of this fraudulent scheme is to deliberately create an accident where a driver following one car can be accused of hitting another.
It is usually the case that the road user slams on the brake suddenly or unnecessarily. But with a forward-facing camera, this problem can be eliminated because you can clearly see when to hit the brakes or not. There is already a known case of a commercial vehicle dashboard camera preventing crash fraud for money. You can clearly see the car slowing down on a two-lane road for no reason. When the driver moves, he is hit from behind and crashes into the culprit.
2. Records Of Damages From Traffic Accident Insurance
Even if there is no indication that the car accident was just a ploy to make money, a dash cam can help settle any other accident insurance claims. At this point, much depends on the descriptions and explanations provided by the parties involved. Unfortunately, you can never be sure if the truth is being told, and there is a good chance that a story can be made up to avoid prosecution or punishment.
Drivers or pedestrians may also not remember the event, leading to inaccurate or unreliable reports. But with a dash cam, the insurance company can see the hard evidence and reach a fair verdict. This will surely eliminate disputes or misunderstandings.
3. Records Of Damages From Emergency Parking Insurance
According to the Daily Mail, a fifth of people will drive if they bump into a parked car in their local supermarket car park, especially if no one notices. A separate study by the AA also found that 8 in 10 drivers returned to their car only to notice damage from another car. While most parking accidents are likely to be minor, they can still result in an insurance claim, which is a big deal for most commercial vehicle drivers.
So whether your driver is the victim or the perpetrator, a dash cam can help record these incidents. The location of the front camera cannot record the entire incident, but it can capture the vehicle or driver involved. Bystanders who witnessed the accident can also be identified, which can provide additional evidence.
4. Faster Processing Of Insurance Claims
Insurance claims are usually not settled quickly at the best of times, and waiting for the final verdict often feels like too long an event. But if you install on-board cameras in your fleet, the whole process can be speeded up. Instead of gathering and collecting written evidence from all parties involved, your insurer can only look at the incident and come to a reasonable conclusion.
Many claims may require additional witness reports or additional comments from drivers and pedestrians. But it doesn’t need a dashcam. If the settlement of the insurance claim does not take long, you can concentrate on more important matters of your business and do not have to worry about the final decision.
