EDMONTON, ALBERTA – May 21, 2015 – Storm Telematics (www.stormgps.com), a leading provider of fleet optimization software, RFID, and analytic services announced today that it has introduced an innovative program that will mitigate loss risk by providing a $10,000 Recovery Guarantee in the event a vehicle is stolen and not recovered within a 30 day period or is deemed a total loss. Storm Telematics will provide $10,000 towards the replacement cost of your stolen vehicle, accessories and coverage’s not covered by your primary insurance company. Storm Telematics will also provide $1,000 towards a rental vehicle and $1,000 towards the comprehensive deductible reimbursement.
Automobile theft is much more than an insurance problem – it is an expensive burden. Each year, automobile theft costs Canadians close to $1 billion, including $542 million for insurers to fix or replace stolen vehicles, $250 million in police, health care, and court system costs and millions more for correctional services.
“We are excited to bring this exciting and innovative program to the market as it provides an extra level of value to our clients, with Storm Telematics being the only company in North America to provide this level of Guarantee on its hardware,” stated Curtis Serna, President of Storm Telematics.
Storm Telematics, Inc. deploys advanced GPS (fleet management) & RFID optimization solutions with sophisticated analytic reporting and dashboard tools, which allows for the delivery of greater operational efficiencies and quantifiable savings, turning data into actionable business intelligence. Headquartered in Edmonton, Alberta Canada the Smart-vu Pro Software-as-a-Service (S-a-a-S) platform optimizes more then 85,000 assets. Offering a free upgrade path to those companies that already have a GPS tracking product installed but are not achieving the value or the level of reporting they require. Storm Telematics elevates basic GPS tracking systems without the need to swap out existing hardware, leveraging existing technology investments.
Storms award winning optimization platform provides unparalleled reliability and scalability allowing for the delivery of measurable ROI solutions.
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