As a result of the great success we have had with the ONE Tracking Solution, we are increasing our offering. Tracking as a free benefit has been limited to the more costly Heavy Commercial Vehicles (HCV). The reason is twofold, firstly there is sufficient premium to absorb the costs and secondly in the higher value bands we inherently have greater risk.
Currently we are being inundated with requests to provide our Tracking Solution for the lower value and non-HCV vehicles. This is understandable as:
a. Clients prefer their entire fleet on a single tracking platform for fleet management purposes.
b. Clients generally have a variety of vehicles in a fleet e.g. Light Delivery Vehicles and sedans.
c. Clients are tending to be more risk management orientated in a tighter financial climate.
d. Tracking costs, both hardware and monitoring have increased significantly country wide.
As part of the Tracking Solution, we have introduced a Risk Management Rebate (RMR) to make the tracking costs more affordable. An insured will now be able to install tracking in ANY vehicle and be entitled to a guaranteed rebate based on a sliding scale of the value of the vehicle in the following month but never less than 30%.
RMR Tracking slide
RAND RMR (VAT Incl)
> R1 000 000
R750 001 – R999 999
R500 001 – R749 999
R250 001 – R499 999
R0 – R249 999
Theft and hijacking are on the up and so, we are encouraging installation of tracking in the lower value vehicles.
Another benefit to the Client is that there will be no theft or hijack excess
How it Works
The Client will enter into and conclude a ONE tracking agreement.
This tracking agreement will have 3 parties:
2.1. The Client who is the Subscriber for the tracking services.
2.2. ONE Tracking Solution Service Provider (ie our preferred tracking company), and
2.3. ONE Automotive (owns the hardware, and finances the transaction)
The monthly tracking cost is R230 including VAT per tracking unit installed.
ONE (the insurance arm) will pay the RMR on condition that the Client continues to be insured through ONE.
Rebates are paid into the same bank account from which the monthly fee is collected on the 15th of the following month.
The R230 tracking fee (paid to ONE Automotive) will be added to the ONE insurance premium debit as a single debit order.
The unit is provided on a 36-month rental agreement, thereafter on a monthly basis.
Cancellation within the 36-month period attracts a R1,150 deinstallation fee.
The unit may be purchased for R2,000 at any stage should the Client wish to contract directly with the ONE Tracking Solution Service Provider.
Need to Know
Effective date for the RMR is on all new installations 1st October 2019. Current installations will be converted on renewal of the policy
Further Risk management solutions will qualify for RMR in due course
Data use and privacy
We do not track the location of vehicles however; the Clients do have access to this info via web login or app
We will utilise the data for analytical purposes
We do receive a location in the event of a panic or accident
We will never use this data to reject or influence a decision in the event of a claim
The authorised representative needs to be verified, i.e. email address and cell phone number OTP
Due to the high level of administration and automation, the various amounts are collected and paid by debit order
Purchase order on the required vehicle.
An electronic agreement is sent to the client or authorised representative.
Once signed electronically, an installation instruction is sent to the approved tracking company.
Billing commences on installation. Please note there are no pro rata charges.