Fleets costs, as with most expenses, are through the roof. Here’s three ways you can save money on your fleet insurance…
Invest in Electric Models
If you want to reduce the cost of your fleet experience, electric vehicles simply make sense. They’re significantly less likely to be stolen than ICE models, are often easier to locate when they are and are, generally, cheaper to repair. Their most expensive components, their batteries, are also unlikely to be seriously damaged following a collision. Any savings on your insurance are also on top of reduced maintenance and fuel costs, too.
Use Telematics Technology
Not surprisingly, providers of fleet insurance prefer safe drivers over unsafe ones. The issue is proving that your drivers are behaving safely on the road network. Enter telematics. These will record different datasets, demonstrating things like how smoothly drivers are travelling and at what speeds. Some drivers find the tech a tad invasive, but it’s for their own safety, too; and you can incentivise safe driving with rewards or perks.
Keep on Top of Maintenance
All fleet decision-makers should be ensuring that their vehicles are regularly inspected – ideally on a daily basis. This will help to identify faults before they become serious, and therefore more expensive to address as a result. Keeping a log of your inspections, and your findings, is also a useful negotiating tool when it comes to dealing with your fleet insurance provider. After all, it’s a positive commitment to keeping your vehicles, drivers and members of the public safe – duty of care at its best.
UK Car Industry Sees Weakest February Since 2009 – https://autoservefleet.co.uk/latest-news/uk-car-industry-sees-weakest-february-since-2009/
Driving With A Mobile Phone: Drivers Unconvinced By Law Change – https://autoserve.co.uk/motoring-news/driving-with-a-mobile-phone-drivers-unconvinced-by-law-change/
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