Keeping U In Mind

Did You Know?

Fleet vehicle accidents were among the costliest injury claims for businesses, according to the National Safety Council. With an average cost of approximately $70,000 USD for a vehicle-related loss, this is almost twice the cost of a workplace injury ($36,592). What can companies do to lower the likelihood of a claim related to fleet drivers? Let’s look at some fleet risk management best practices.

Fleet Risk Management Best Practices:

• Be Selective of Drivers: If a driver is operating a vehicle on behalf of the company, ensure that they are fit for the task. Do your due diligence! MVRs are a great tool to aid in selecting a quality driver.

• Educate the Driver: Although driving is a task that is done daily, complacency is a real challenge. As an employer, you must be sure that your driver has the necessary skills to protect themselves while traveling on the roadways. There are many drivers’ education tools to help companies accomplish this goal.

• Utilize Technology When Feasible: Driving technology can be a smart tool to help promote positive behavior with your drivers. There are platforms that will coach drivers in many aspects, including speed, braking, turning, and can even monitor the fatigue level of the driver.

• Investigate Accidents Properly: If an accident does occur, it should not be taken lightly. Proper accident investigation can produce some very valuable information. But it should not stop there! Information can be shared among the workers and/or company to highlight lessons learned for the prevention of future accidents.

• Developing a Driving Policy: Having a company driving policy is a major pillar in your fleet program. Do your employees know their responsibilities while driving on company time? What are the guidelines for distracted driving, such as using mobile devices? Are employees required to have certain rest periods? These questions and more should be addressed in the policy.

For further information on fleet risk management, contact the INSURICA risk team.