Many small businesses use cars and trucks to get the job done.
These can be sedans driven by real-estate agents drive to meet clients, delivery vans used by distributors, contractors' dump trucks, tractor-trailers hauling goods across the country, or delivery drivers taking food across the city.
The owners of these vehicles must buy insurance on them to cover accidents that may occur. Business owners can do several things to reduce the cost of that insurance and to avoid the pain and inconvenience of accidents.
When a business entrusts a vehicle to an employee, it is literally putting people's lives and business assets on the line. The business should set no-exception rules for drivers:
Businesses should also set guidelines for employees to follow when they use company vehicles, such as:
Beyond setting rules and guidelines, businesses can take steps to encourage safe driving:
Even with all the preventive measures in the world, an accident will occasionally happen. Employers should prepare their drivers for that event.
Develop procedures for what an employee should do after an accident. Keep copies of the procedures handy in vehicle glove boxes. The procedures should include things like:
Auto accidents disrupt lives and business operations, and they can be costly.
Connect with our business team to talk through vehicle risks to your business.
May 29, 2017
by John Connor
Business Insurance Advisor