According to OSHA’s document “Guidelines for Employers to Reduce Motor Vehicle Crashes,” an on-the-job crash that results in employee injury costs an average of $74,000 to the employer, and a crash that involves a fatality can exceed $500,000. Luckily, small business insurance policies can help cover these costs. But that coverage doesn’t even take into account the emotional toll or the effects on business morale.
“Business owners should help to make it easier for the employees to do their job while driving,” says Scott Marshall (@SafeDriver), driving safety instructor and owner of The Safe Driver blog.
Avoid bothering employees with phone calls and texts while they’re on the road and encourage safe practices. “Promote having their seating compartment free from distractions,” Marshall says. “Perhaps even reward it.” After all, incentivizing good behavior can minimize accident rates, which prevents you from having to make a claim on your small business auto insurance policy.
Marshall also says that, when selecting company vehicles, safety should be a top consideration. Consider asking these questions:
- What’s the crash rate?
- How many airbags does it have?
- Does it have brake assist?
“When employers openly let their employees know they have these types of vehicles, they show the employees that safety is a priority,” Marshall says.
Lastly, ensure you have the right type of small business auto insurance in case an accident does happen.