Provides commercial auto insurance for trucking fleets, leveraging real-time telematics and safety data to assess risk and offer dynamic pricing. Fleets can reduce premiums by up to 20% through safe driving incentives, while integrated safety tools and fleet services help improve operational efficiency and reduce accidents.
Funding
$79.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional commercial auto insurance for trucking fleets often relies on static, historical data, leading to inaccurate risk assessments and pricing that doesn't reflect real-time driving behavior. This can result in higher premiums for safe fleets and a lack of incentives for improving driver safety.
Solution
HDVI provides commercial auto insurance for trucking fleets, leveraging real-time telematics and safety data to dynamically assess risk and offer pricing that reflects current driving behavior. The HDVI Shift program rewards safe driving with monthly premium discounts, giving fleets the power to reduce costs by up to 20%. Integrated fleet services and safety tools provide actionable insights, helping fleets improve operational efficiency, benchmark safety metrics, engage with drivers, and ultimately reduce accidents.
Target Audience
The primary target audience is commercial trucking fleets seeking to reduce insurance costs through improved safety and operational efficiency.
Features
- Dynamic pricing based on real-time telematics data and safety scores
- Monthly premium discounts of up to 20% through the HDVI Shift program for safe driving
- Integrated fleet services providing safety consulting and performance benchmarking
- Driver engagement tools to encourage safe driving habits
- Comprehensive coverage options tailored to individual fleet operations
- Claims management services