7 Oct 2015

Fleet Insurance How Can You Pay Less?

50 + Years Experience

� Darren Cronin

� Dave Adams

Our Key Message

“if you control the claims, the premiums will look after themselves”

“But we don’t have

claims!”

Three Areas

� How you present your risk

� How you stop claims

� How you control claims costs

1- Presenting a Fleet

What Insurers look for;

�Trade / Business

�Number and Types of Vehicles – fleet make up, cars, vans, heavy goods etc

�Location (Insurer Statistics on claims)

�Activity – What exactly is being done eg – is it time critical etc

�Goods Carriage – are they own goods, hire and reward, are they Hazardous

�Drivers info – Licences / Convictions / Material Disclosure

�Payment History Credit Scoring

�Claims Experience

2 – Stopping Accidents

3 – Claims Cost Control

Accidents will happen

� Report asap

� Factual information

� Capture Third Party Details

� Photographs

� Video

Typical Costs

Third Party Lead� Own Damage £1,500

�Credit Repair £500

�Credit Hire £800

�Injury £1,500

�Medical Costs £500

�Solicitors £2,000

Total £6,800

Aviva Control�Own Damage £800

�Hire Car £400

�Injury £1,500

Total £2,700

Claims Culture• Low Speed Impact - Whiplash• Fraud

• Crash for Cash• Slam On’s• Ghost Passengers

Hidden Costs of an Accident

� Injury to Employee off work

� Damage to Vehicle – Off Road

� Hire Vehicle

� Loss of Orders

� Damage to Reputation

Summary • Jelfs - Here to Help• Reducing your premiums by investing

a little resource in Risk Management• Changing the way you handle claims

Thank You

� Further Questions

� Feedback

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