Reducing Auto Claims for Businesses Vehicle accidents are the leading cause of workplace fatalities. Work-related automobile accidents expose businesses to liability risks, legal expenses, lost time, decreased productivity, and increased insurance and workers’ compensation rates, in addition to the potential for loss of life.
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Whether your company leases a single passenger car or owns an entire fleet of commercial vehicles, auto liabilities must be closely monitored in order to avoid these consequences.
In fact, companies can actively manage auto risks by establishing driver qualifications, developing driving rules, and implementing driver training. Review the following guidelines to learn more about reducing auto claims for your company.
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Determine Driver Qualifications
Setting and adhering to driving standards can significantly reduce the risk of car accidents. Examine motor vehicle records (MVRs) for all new employees and every driver on an annual basis. MVRs contain critical historical driving information on an individual’s moving violations, DUI offenses, vehicular crimes, and other types of point accumulations. Determine appropriate standards for your business in collaboration with your risk management professionals. Consider the following qualifications:
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Thus, no serious driving violations — Drivers should not have any recorded DUIs, hit-and-runs, incidents of reckless or negligent driving, driving with a suspended license, or driving 15 mph over the speed limit in the previous three years.
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Fewer than three moving violations — Drivers should have had no more than three incidents of speeding, improper lane changes, running red lights, or failing to yield in the previous three years.
Fewer than two at-fault accidents — Drivers should have had no more than one at-fault accident in the previous three years. Additionally, any incident in which the driver is cited for a violation, negligently contributes to the accident, or is involved in a single-vehicle accident is considered an at-fault accident.
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Seat Belt Requirement
A seat belt can cut the risk of injury or death by half.
Motor vehicle-related injuries are twice as expensive as other types of work-related injuries, costing an average of $72,500 per injury claim. Wearing a seat belt, on the other hand, can reduce the risk of injury or death by 50%. Create a successful seat belt policy by doing the following:
- appointing a high-level manager to assist with the implementation of a comprehensive driver safety program
- To ensure drivers follow company policy, on-the-spot surveys, motor vehicle monitoring, collision reports, and company training sessions are used.
- Employees are being asked to sign a pledge promising to wear seat belts.
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Reduce Distractions for Drivers
According to recent studies, texting or manipulating a cell phone while driving increases the risk of a crash by two to six times. Even talking on a cell phone can be a cognitive distraction that takes a driver’s attention away from the road. Eating, drinking, adjusting the radio, conversing with passengers in the vehicle, and checking the GPS are all significant distractions. To stay away from these:
- Consider prohibiting all cell phone use, even if it is legal in your state or if you use a hands-free headset.
- Try voice-controlled devices, such as GPS, which allow drivers to concentrate more on the road.
- Consider implementing policies that limit the number of passengers permitted in a vehicle during working hours.
- Utilize Technology By utilizing modern telematics, businesses can analyse fleet data, make informed decisions, and increase productivity while decreasing costs. Technology can be used in the following ways:
- Using telematics — In-vehicle telematics allows fleet managers to monitor their drivers in real time for risky behaviour. Speeding, hard braking, stepping on the gas, and not wearing a seatbelt are all monitored behaviours.
- Using dash cams — Dashboard cameras, also known as dash cams, can be used to monitor drivers, promote safe driving practices, and reduce liability in the event of an accident.
- Before adding dashcams to your fleet, check your state’s laws regarding privacy concerns related to videotaping your drivers and the general public.
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Avoid Theft
Not only can motor vehicle theft cause costly business delays, but it can also be dangerous or even fatal if you or an employee is in the car at the time of the attempted theft. Although comprehensive car insurance policies cover vehicle theft, preventing theft is the best way to avoid dangerous situations or costly delays. To reduce the possibility of theft:
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Keep doors and windows closed. This applies whenever you are not in the vehicle.
Keep valuables hidden. Hide your wallet, purse, phone, and other valuables to reduce the incentive for a thief to break into your vehicle.
Park in high-traffic areas that are secure. If parking in a public garage, park near guard booths or store entrances. The safest option is to keep your car in a locked garage at home.
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Anti-theft devices should be used. To make theft more difficult, use steering wheel locks or gearshift column locks. Tracking devices are standard in most new vehicles, but they can also be purchased for older vehicles.
Moreover, use your vehicle identification number to your advantage (VIN). Law enforcement agencies use VINs to identify stolen vehicles. To make it more difficult for thieves to sell parts of your car, paint the VIN under the hood, in the trunk, and on the engine.
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Train Operators
Behind the wheel, drivers can be a significant source of liability. Fleet managers can build trust with their drivers and reduce the risk of accidents by implementing regular trainings. Topics to be covered include:
Intoxicants impair a driver’s reaction time, steering responsiveness, and lane control. Educate drivers about the dangers of driving while intoxicated and keep an eye out for signs of intoxication.
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Thus, in a recent survey, 80% of drivers expressed significant anger, aggression, or road rage behind the wheel. In addition, speeding, tailgating, blocking cars from passing or changing lanes, and “punishing” other drivers with brakes or headlights are all examples of aggressive driving. Drivers should be trained to:
- Maintain a safe following distance.
- Make use of turn signals.
- Allow others to join.
- Use high beams with caution.
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Drowsy driving — According to a 2017 census, there were 91,000 police-reported crashes caused by drowsy driving. These collisions are most common between midnight and 6 a.m., and they frequently involve a single driver with no passengers. To avoid being drowsy while driving:
- Get a good night’s rest.
- Avoid drinking alcohol before getting behind the wheel.
- Examine any prescription or over-the-counter medications to see if they may cause drowsiness.
- If you feel sleepy, pull over for a 20-minute nap.
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Seasonal Dangers
Keep an eye out for seasonal hazards. Similarly, drivers who are unfamiliar with specific weather patterns may require additional training. A driver who is unfamiliar with cooler climates, for example, may be unaccustomed to driving on ice. Drivers should be aware of the following items during each season:
Summer — an increase in the number of walkers and cyclists. Keep an eye out for pedestrians and cyclists, especially in low-light conditions.
Back-to-school season — More kids on the road. Never drive past a stopped school bus with flashing red lights.
Fall — Heralds the return of deer season. Stay alert, use high beams, and wear your seatbelt to avoid collisions with deer.
Winter —Moreoever, when there is snow and ice on the road, it is critical to drive slowly, to accelerate and decelerate slowly, and to increase the distance between yourself and other vehicles. When you see snowploughs on the road, keep in mind that the road ahead of them is usually worse than the road behind them. Allow plenty of space and keep your headlights on.
Spring — With the changing of the seasons comes the return of roadwork construction. When driving in construction zones, stay focused and patient. Keep an eye out for the reduced speed limit and stay alert.
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Report a Mishap
In summary, if an accident occurs, much can be done to keep costs under control and business interruption losses to a minimum. Good reporting and procedures can help to reduce business costs. In the event of a collision:
- Pull over to the side of the road.
- Examine the injuries.
- Do not leave the accident scene.
- Gather as much information as you can.
- Inform the police or highway authorities.
- Begin the claims process with your insurance company.
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However, having the proper auto insurance policy, keeping the necessary documents in your vehicle, and making sure your vehicle is emergency-ready with traffic cones and flares can all be beneficial if an accident occurs.
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