The true cost of a work-related road accident goes far beyond the initial garage repairs. According to some fleet driver training companies, a road accident can lead to loss of reputation and even prosecution. Some insurance policies may not even cover the final total. So what is the true cost of a work-related road accident?
The repairs to a fleet car that has been involved in a road accident is only the first expense in a long line of potential costs that some business owners do not take into account. It is not simply a case of repairing the car and carrying on as normal. A company’s reputation can be put at risk if it is discovered that the accident was caused by one of their drivers.
The final total in the aftermath of a work-related road accident can be truly eye-watering. ‘Hidden’ costs such as the administration time needed to contact the insurance company and complete the necessary forms, and potential loss of company reputation can add up to a significant amount.
What can be done to reduce the number of fleet driver road accidents in the UK?
Leading work-related road accident law firm, Accident Advice Helpline, deal with many compensation claims in relation to fleet driver accidents, and a spokesperson from the company commented:
“Adopting a policy of training fleet drivers on a regular basis is a worthwhile investment for a business. Providing a continuous cycle of advanced driver training would be far cheaper than dealing with the fallout of regular work-related accidents on the road.”
She went on to say, “There are plenty of companies offering fleet driver training packages these days, so it wouldn’t take long to find a suitable provider in any area of the UK.”
According to fleet driver training company, G&M Fleet, the total costs of a work-related driving accident include:
- An increase in insurance premiums
- Cost of accident investigation
- Staff absence for medical or legal appointments, and sick pay
- Loss of production
- Potential claims from third parties
All in all, the final total can potentially cause the business serious financial problems.
Work-related Road Accident
Accident Advice Helpline is a top UK work-related road accident law firm. They provide support from expert accident injury lawyers around the country, and their 24 hour helpline can be reached on 0800 689 0500.
Date Published: October 17, 2013
Author: David Brown