Do you currently have a fleet safety program in place? Do you know if you should? There are several benefits to a fleet safety program, including reducing the costs of your NY business auto insurance. In this blog, we will discuss OSHA’s recommendations on who should have a program and why you should.
Motor vehicles crashes are the leading cause of death and injury for all ages. Accidents on and off the job have long-lasting psychological and physical effects on the employees, their families, co-workers and employers. Crashes also impact your business’ bottom line, whether its employee morale that leads to less productivity, one less employee to help with production goals, or sky rocketing insurance costs due to auto accidents.
To determine if your business should have a fleet safety program, ask yourself the following questions:
- Do we operate vehicles for work?
- Do our employees drive for work purposes?
- Do we provide our employees with personal vehicles?
- Do employees or others drive on our premises?
- Do we employ contract transport services?
If you answered yes to any of the questions above, you need a fleet safety program to save lives and reduce the risk of life-altering injuries to your employees.
By reducing those risks, you will ultimately protect your business’ financial resources, including lowering the costs of your NY business auto insurance.
When thinking about the financial impact of even a small accident, you must consider both the direct and indirect costs. Direct costs include insurable costs like workers compensation, auto insurance, and legal defense.
However, indirect costs are usually higher than direct costs, and they can include: wages paid that are not otherwise covered by workers compensation, administrative time spent after the loss, overtime paid to workers to fill the injured employee’s spot, training costs for a replacement worker and lost productivity.
If you are interested in implementing a fleet safety program and improving your NY business auto insurance premiums, please call and speak with one of our commercial risk advisors.
At The Murray Group, we go beyond insurance as part of our trademarked process called LiveSECURE 365™ to learn as much as we can about your business, your goals and your dreams. We do that to get you better results on your insurance premiums, coverage and for the overall success of your business.
Live Secure 365,
VP, Risk Consultant
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