Insurance Premiums - Dodging The Blow
There are three principal factors effecting the insurance premiums paid by a mobile business:
- The type of automobiles used - cars and trucks of higher value or lower overall efficiency are generally charged a higher premium.
- The number of automobiles under that insurance coverage.
- The overall driver safety record for your entire business.
A single individual will have very little impact on a company with a large transportation fleet, but dozens of drivers continually displaying the same poor driving skills will effect your overall insurance coverage costs.
The best way to lower insurance premiums
Time and again, its been proven that the best way to lower company insurance premiums is to guarantee safe drivers, and the best way to make such a guarantee is through a company-wide driver safety program. Just because they have a driver's license doesn't mean your driver will adhere to all the safest on-the-road driving skills, and in fact many do not even know fundamental driving safety measures.
Increased driver safety will lower your company's insurance premiums - even the program itself will have an immediate, beneficial impact in cost savings.
Related Resources:
- NCHC | Facts About Healthcare - Health Insurance Cost
- USATODAY.com - Health insurance premiums crash down on middle class
- Survey Shows Private Health Insurance Premiums Rose 11.2% In 2004 ...
- Snapshots: Insurance Premium Cost-Sharing and Coverage Take-up
- Health Insurance Premiums Rose More Than 30 Percent Between 1996 ...
- Insurance Premium Tax
- Tools and Calculators
