Mercedes-Benz Bank’s Insurance Based on Usage – A First

Clarissa August 4, 2011
Mercedes Benz Bank Insurance Policy

Image by RUD66 via Flickr

Mercedes-Benz Bank is introducing a new insurance policy for the new Actros. For the first time a policy will depend on how the truck will be used.

For example, if the Actros is being used for light loads and lowland areas, the insurance premiums that will be collected is 60% lower than a truck that is being used for heavy loads and in hilly areas. The information will be collected and calculated by a telematics system called FleetBoard. This insurance policy covers liability and insurance protection for all trucks equipped with FleetBoard.

Anthony Bandmann, Mercedes-Benz Bank’s private and customers board says, “The Mercedes-Benz FleetBoard truck insurance is an innovation. We can offer a first time truck insurance, which is based on actual use of each vehicle. Carrier can thus optimize the cost of insurance for their fleets.”

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