- Work with your commercial insurance carriers with obtaining loss data (loss runs) to trend out frequency and severity reports for your corporation
- Consider allocation the insurance cost to your branches
- Consider liability SIR or deductible to control up-front cost and manage more of the risk within your corporation
- Work with the national broker’s risk consulting services to assist with building a fleet management program.
- Hold monthly claims management meeting with your insurance companies claims staff to cover frequency and severity auto trends
- Hold quarterly meeting with branches that trend out with higher frequency and severity auto losses.
- Hold meeting with upper management to discuss fleet trends and help them understanding the importance of pre-loss program. Usually, your broker or the insurance company’s loss control department can assist with building and maintaining the fleet management program.
- Implement a decision driving program within your organization
- Work closely with your internal safety managers on fleet issues
Shop for Commercial Auto Insurance every two years.
