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Risk management in a recession - motor fleets

Recessions inevitably put extra strains on businesses and in a series of articles we have put together some hints and tips to help show how risks may be changing and what businesses can do to reduce them. This paper concentrates on businesses operating motor fleets.

Motor fleet tips

• Avoiding driver fatigue 
Give some serious thought to your journey scheduling. Are any of the delivery or collection times unrealistic? If they are this can lead to increased exposure to accidents through, rushing, speeding and fatigue.

 Threat of increased theft 
Review your security including fuel storage tank security and key security. Remove catalytic converters from stock vehicles. 
If not all of the vehicles are in use make sure they are stored in a secure compound ensuring that any parking areas are designated and approved on your ‘O’ licence if they are LGVs.

• Claims reporting 
Reporting a claims immediately or soon after the incident minimises your vehicle downtime and removes the need for the business to deal with third parties looking for settlement of their claim. Ensure drivers know what to do following a collision, particularly recording accurate details of the driver and number of passengers.

• Staged accidents 
Becoming more and more prevalent these incidents are caused deliberately by the other driver in order to make a false insurance claim. Drivers that are suspicious that the incident has been staged should inform the police immediately and report it to their insurer.

• Driver checking 
Vetting of prospective drivers is vital and references should be followed up. Always insist upon seeing original licences as part of the application process.

• Agency drivers 
Always use a reputable agency and make sure that even temporary drivers are thoroughly checked and that they receive adequate instruction and training.

• Downsizing 
If downsizing a commercial fleet ensure the disposed vehicles are removed from your Operators Licence and cancel any maintenance, fleet management and breakdown contracts.

• Temporary hire vehicles 
When using temporary hired vehicles make sure they are declared on your insurance policy or provision is made to cover them within your existing policy. If ‘O’ licensed vehicles make sure they are also declared on your Operators Licence if hired for more than one month. Failure to do so is a criminal offence.

Need help?

We have insured motor fleets for businesses for many years so if you’d like more information, or would like us to review your cover, you can speak to one of our experts now.

Call 01789 761670

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