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Fleet Risk Management
Do you know the true cost of vehicle accidents to your business?
When one of your company vehicles is involved in a road traffic accident you will be faced with some immediate costs such as insurance excess and replacement vehicle hire, but have you considered the hidden costs?
These costs are more difficult to quantify but taken together, the total cost of an accident can run to thousands of pounds.
Have you considered:
- The cost in time taken to process the insurance claim and deal with third parties
- Time taken to claim for uninsured losses
- The cost of a driver being off work through injury
- The vehicle’s ‘downtime’ and any loss of business reputation
- Potential reduced resale value on a ‘repaired’ vehicle
- The impact on your insurance premiums at the next renewal
Fleet risk management has a proven track record of reducing a company’s accident rate, insurance premium renewals, carbon footprint, and overall repair charges, as well as producing employees who drive better and safer.