Telargo ''Pay as you GO'' dynamic insurance solution offers new dimension in precision risk management. Together with other solution features it delivers a whole package of values for the insurer as well as the customer.

Premium calculations
The insurance index is calculated based on set parameters from data gathered by the Telargo On-Board Unit, which is designed for easy and prompt installation. Telargo On-Board Equipment using GPS tracking records every second of every journey and ensures premiums based on precise minute-by-minute vehicle usage. Based on information when, where, how much and how well (position, speed and direction) the vehicle is driven the insurer can in combination with traditional rating factors calculate and bill the premiums monthly rather than with fixed annual prices.

By encouraging better driving standards monthly premiums and other solution features offer significant cost benefits to the insurance company and the end customer, and can potentially contribute to safety objectives.

Stolen vehicle location assistance
This feature is enabled due to GPS positioning which also decreases theft possibility and expedites stolen vehicle recovery with its alerts and exception notifications based on real-time information.

Additional Customer Services

• Remote vehicle control comes in handy in situations where remote disabling of the vehicle, remote door unlock, remote horn and lights and similar actions are needed (remote disabling of the vehicle is only limited by legal requirements)
• Roadside assistance basedon accurate position of the vehicle can be sent much quickly and is also customer friendly
• Accident assistance can be sent much quickly due to accident notifications and exact location of the vehicle

Wide range of alerts and notifications assure real-time event and exception warnings and can be:

• user triggered
• automated (based on location – geofencing, based on time of the day – timeframe)
• from a third party device (car alarm)