Commercial Auto Insurance for Your Fleet: Maintenance Can Lower Costs

Businesses are often looking for ways to reduce their operating costs. While some may turn to delaying or not doing maintenance on their vehicles as a way to lower costs, in the long term this leads to costly problems and, in many situations, more damage than good. In fact, a properly maintained vehicle can actually help to reduce business costs including some commercial auto insurance costs.

Why Fleet Maintenance Matters

Maintaining your vehicle fleet helps to ensure the vehicles last longer. However, it also helps to keep your drivers and employees safe. Vehicles that are properly maintained are less likely to expose the business to risk.

• Vehicles with routine tire inspections and rotations are less likely to have blowouts on the freeway or to suffer a flat tire that the employee has to fix on the side of the road.
• Vehicles that receive proper oil changes and engine maintenance are less likely to experience engine fires and other related losses.
• When the vehicle is properly maintained, all systems including the vehicle’s braking and steering, work more reliably and reduce the risk of accidents.

There are secondary systems that also benefit here. For example, these vehicles are less likely to struggle with communication systems. Employees remain safe behind the wheel and less likely to be hurt.

Reducing Business Insurance Costs

Commercial auto insurance is in place to help your business to remain operational even when accidents or injuries do occur. The fewer times you have to make claims on this type of insurance plan, the lower your premium costs year after year. As a business owner, you’ll find that properly maintained vehicles will lead to lower premiums and more cost savings for the business. Your employees remain safe. Your vehicles remain protected and in good working condition longer. And, your business insurance costs remain in line. Some insurers offer discounts and savings opportunities for businesses that have these types of maintenance plans in place for their fleet.

Are you getting these advantages? If not, it may be time to take a closer look at your policy and the amount and type of insurance coverage you currently have in place. It may help to save you money and time when you choose a commercial auto insurance policy designed for your fleet.