Friday, September 16, 2011 5:04:00 PM
With the potential for every crash to be financially devastating to your company, self-insured fleets stand a higher risk than covered fleets.
While the cost savings at the front end may be substantial, the very high cost of deductibles for self-insured fleets can quickly demolish a company’s bottom line. The most frequent crashes are those that are not likely to meet your deductible, so you’ll have to financially cover the full cost of every at-fault crash except those that involve extraordinary property damage, personal injuries or fatalities.
Will the following costs of the most frequent crashes be covered under your self-insured deductible?
|The lowest average cost-per-crash is for property-damage-only crashes:
|| $15,114 per crash
| Crashes in which straight trucks with no trailers were involved averaged:
|| $56,296 per crash
| Crashes involving non-fatal injuries soared to:
|| $195,258 per crash
(Figures provided by The United States Federal Motor Carrier Safety Administration)
For less than the cost of a cup of coffee once a month per vehicle, Driver’s Alert will guarantee to protect your bottom line by reducing your rate and frequency of at-fault crashes.
Simply put, self-insured fleets can’t afford NOT to engage the Driver’s Alert SMART RISK™ Program to protect their bottom line.