Commercial auto insurance has never been more challenging—or more important—for small businesses that rely on light-duty vehicles. Between rising claims costs, evolving risk profiles, and fewer carrier options, many fleet owners are left wondering: Why is my premium climbing when my driving hasn’t changed?
At VeriDrive Insurance, we’re helping business owners answer that question—and change the outcome—with connected telematics and a smarter approach to underwriting.
The Crisis Behind the Costs
It’s not your imagination—commercial auto is under pressure from all sides:
- Increased Frequency & Severity of Claims: Distracted driving, urban congestion, and driver shortages are pushing accident rates higher.
- Rising Repair Costs: Advanced vehicle tech has made even minor fender-benders more expensive to fix.
- Nuclear Verdicts: Multi-million-dollar legal settlements are becoming more common, further driving up liability rates.
- Conservative Underwriting: Many carriers are pulling back or restricting appetites in commercial auto entirely, especially for small businesses.
These challenges leave responsible fleet owners stuck in a system that’s built to react—not to reward.
Why Traditional Insurance Models Are Failing Small Fleets
Conventional insurance relies on historical data, industry classifications, and paper-based assessments that are often inaccurate or outdated. A small HVAC company with clean driving records may still be treated like a risk simply because of the type of business they run or the zip code they operate in.
“We’ve had too many clients who are overpaying based on industry averages—not individual performance,” says Andrew Chermark, Founder of VeriDrive.
The reality is: most small fleets lack a way to prove their safety, efficiency, and operational controls. Until now.
How Telematics Puts Power Back in the Fleet Owner’s Hands
With GPS and driver behavior data, fleet owners can now show insurers how they manage risk—turning a subjective process into one based on facts.
At VeriDrive, we leverage this real-time data to:
✅ Identify high-performing drivers and vehicles
✅ Flag risk before it leads to a loss
✅ Streamline quoting without mountains of paperwork
✅ Deliver lower premiums for fleets who prove their safety
It’s a smarter way to underwrite—and one that rewards behavior, not assumptions.
Want to dive deeper into how this works? Read: How to Reduce Fleet Risk with Telematics and Data Analytics – Ensure Analytics
Why VeriDrive is Different
Unlike traditional insurance agencies, VeriDrive was built from the ground up with connected fleets in mind. We’ve spent years working in GPS tracking and driver risk management through our sister companies, and we’ve seen firsthand how much hidden value is in your telematics data.
We created VeriDrive to unlock that value by offering:
- Behavior-based commercial auto insurance for light-duty fleets
- Paperless quoting with no lengthy forms or back-and-forth
- Discounts based on how you drive—not who you are
Our goal is to provide coverage that’s earned, not assumed.
Who Should Consider VeriDrive?
Our program is ideal for:
- HVAC, plumbing, and service-based businesses
- Franchise operations with connected fleet systems
- Fleets already using GPS, dash cams, or driver safety apps
- Small businesses looking to reduce insurance costs and prove their safety profile
If your business runs a light-duty fleet and uses technology to manage operations, you’re already ahead. We help you turn that edge into insurance savings.
Closing the Gap: Data-Driven Insurance for the Modern Fleet
The insurance industry is changing—and for small fleets, that can either be a challenge or an opportunity. With VeriDrive, it’s an opportunity. We help you lead with data, reduce risk, and finally see insurance premiums that reflect how you actually operate. Don’t wait until your next renewal to find out if you’re overpaying.
