Archive for August, 2011
A number one problem with fleets is the high costs of insurance, especially when there are a lot of claims filed. Before fleet tracking, there were more claims at the fault of fleets even if the fleet driver was not at fault. For some reason a larger vehicle like HGVs would get blamed as the culprit most particularly when the fleet truck was parked near a car that was just damaged by a car that left moments before. No matter how it happens that fleets are a target for being at fault with insurance claims there are ways to work on reducing your costs.
The main component of reducing commercial fleet insurance is to have fleet tracking. With vehicle tracking programmes a better record can be found to show who was really at fault. A lot of vehicle tracking devices have on board recorders for driver behaviour and other information. For companies willing to pay out good money it is also possible to have cameras installed on vehicles to make certain that information is recorded such as whether the truck driver accidentally bumped into another car.
During a van insurance comparison there are additional options that can help reduce fleet insurance claims. As you search for HGV insurance consider how the company processes claims. Is the insurance company more favourable to fleets than to other vehicles on the road? How often are they willing to pay out for accidents? What are the parameters of the insurance? What about customer service?
Whether you shop for personal insurance or commercial insurance the process should be similar when it comes to understanding how claims are paid out and customer service. You want a company that is willing to work with you.
Obviously if there is an issue of driver culpability, the driver needs to take the fault and even go through retraining when necessary. Yet, you can still reduce your payments with insurance if you are willing to compare and search for the right products.
Insurance is just one area you should compare when considering lowering your claims amounts. It is far better to compare fleet tracking too. With both devices you can feel protected and reduce your commercial costs across the board. Saving money with the economic hardships running through the UK is paramount to saving your business. Invoice factoring and loans can only take you so far especially if you have high insurance claims.
Tags: Accidents, Commercial Fleet, Commercial Insurance, Company Processes, Culprit, Driver Behaviour, Fleet Driver, Fleet Insurance, Fleet Tracking, Fleet Truck, Fleets, Insurance Claims, Insurance Company, Insurance Comparison, Other Vehicles, Personal Insurance, Products Insurance, Target, Van Insurance, Vehicle Tracking Devices