FACTS
Each time a fleet driver is involved in an accident, their employer has to sell more than £22,000 of products or services to cover the costs.
FSG’s recent research of two clients reveals that, assuming a net profit margin of 5% and that the ‘true’ cost of crashes - lost orders and output, salaries, administration costs, legal fees and general business interruption - is three times the claims cost, each accident has a cost per claim of £1,116.
Client A had 156 crashes over a three-year period. Geoffrey Bray, FSG chairman, says: “That meant that the company had to sell goods to the value of £3.5 million simply to cover the cost of the crashes. Such a large figure is alarming and should act as a wake-up call to all businesses.”
Many companies exceed 30%, which means a third of their drivers are involved in an accident every year.
BENEFITS
There are many reasons for you wanting to install a road safety (TEDR) camera system to your vehicle. Whether you are a member of the law abiding public or a fleet manager looking to cut running costs.
Provides strong evidence in the event of a non-fault road traffic accident.
Reduces the time taken to settle a claim.
Has been proven to modify driver behavior.
Reduce fleet costs and ensure your drivers are abiding company rules.
Can be fitted in minutes by any user.
Can be removed in seconds.Learn more