For many SMEs, the company’s motor fleet is the area of the business most likely to give rise to accidents or claims. And while there will always be some accidents that cannot be avoided, there are measures that motor fleet operators can implement to reduce their likelihood of experiencing at fault or contentious claims that drive up the cost of motor fleet insurance.
A company vehicle is an extension of the physical workplace and obligations on the employer under the Safety Health & Welfare at Work legislation extend to the vehicle i.e. providing a safe place of work, a safe system of work and adequate training of staff.
Reduced costs for cameras and telematics has made this type of technology more accessible than ever before and when properly deployed and utilised the data that these technologies produce can have a profound impact on driver behaviour and ultimately reduce the frequency of accidents and claims.
Equipped with this understanding, operators of motor fleets should be encouraged to take proactive steps that reduce their likelihood of having an accident, and in so doing demonstrate to underwriters that their individual risk is being proactively managed.
Contact Corrigan Insurance and get the right cover and insurance advice for your business.