Managing Fleet Road Risk |
Investing in Advanced Driver Training is often assumed to bring additional costs that will not be recuperated by the company, the examples below illustrate that Advanced Driver Training can pay for itself!Reduced Fuel Costs
Studies have shown that drivers who implement techniques learned in advanced driver training can reduce fuel consumption by up to 25% ExampleIf you have company drivers who drive an average of 40,000 miles per year, each of them could save £200 per year if they reduced their fuel consumption by only 5%. This saving alone would cover the cost of a single advanced driver training session. A Reduction in Annual Maintenance CostsAdvanced driver training can reduce the wear and tear on your vehicle fleet, and reduce the incidence of minor accidents. This means that the residual value of your fleet vehicles is enhanced and your maintenance costs reduced. ExampleThe average cost of maintaining a vehicle is about 30p per mile, driver training could result in a saving of up to 15% over a three year period, if your drivers drive an average of 40,000 per year this would represent a saving of £562 over three years - this in addition to the saving you have already made on fuel! Fewer Accident ClaimsFor each accident in your company fleet, the average ‘bent metal' cost is £700, and you would need to add in the cost of ‘down time' for your vehicles. If your company accident rate is currently at the national average this cost will be incurred by 65% of your fleet. Rising Insurance PremiumsMore than 60% of the 3 million company owned vehicles are subject to an insurance claim each year and premiums for occupational drivers are rising by 25% annually. As the NHS now has the power to claim the cost of medical treatment for road accident victims from employers and insurance companies, fleet insurance costs look set to rise even more in the future. You can take action now to minimise the impact of this cost to your company.Advanced driver training can reduce accident rates by more than 25%, insurance companies are increasingly aware of this and could reduce your premiums if you can prove that you have assessed your drivers' on road risk and provided advanced on road training. Premium reductions can be reduced by up to 25% in the first year rising to 40% after 3 years. More InformationIf you would like more information please Contact Us
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