What are Accident Event Recorders (AERs)?
Accident Event Recorders refer to the use of video technology to capture events, both in front of the vehicle and/or inside the cab. An example, earlier this year, is the fatal accident caught by a transit bus involving the then Bruce Jenner.
According to Safety, Claims and Litigation Services, LLC, (SCLS) an affiliate of National Interstate Insurance Company, AERs can improve driver performance and save lives.
AER technology is not a “black box” accident recorder, known as an Electronic Control Module (ECM), and it is not an electronic logging device (ELD). AERs capture real-time video and sometimes other data in the course of an event, incident, or accident.
Why use AERs?
Fact: almost everyone over-estimates their personal performance, especially in driving. AERs can be used as a coaching and training tool by capturing events that may be indicators of a bad driving habit, a risky behavior or even plain ignorance (you don’t know what you don’t know).
Secondly, we know that most drivers behave differently when they know they are being monitored. AERs, however, begin recording an event when triggered by a sudden movement or hard braking (G-forces). Studies of driver behavior when AERs are introduced seem to show an improvement in driver behavior, shown by a reduction in claims. And fewer claims means lower insurance rates, let alone the cumulative savings from collision avoidance.
After reviewing the driving behavior and incidents of 39 companies over a 6-month period using AER technology, companies were able to save upwards of 24% on their losses per AER installed. So, for a company with a fleet of 50 vehicles, that’s a claims cost savings of nearly $32,000 per year.
SCLS found that those same 39 companies in their study were able to reduce the number of incidents by nearly 10% in just a 6-month period.
Accident Event Recorders should not only pay for themselves, but result in a return-on- investment. The greatest return might be in knowing your fleet is operating safely.
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Disclaimer: Reference to any specific product, process, or service by trade name, trademark, manufacturer, company name or otherwise does not constitute or imply its endorsement, recommendation, or favoring by the author.