Commercial auto rates continue to climb. Although accidents decreased substantially in 2020 due to the COVID-19 work-from-home trend, fatalities climbed in 2020 compared to 2019. As roads emptied, reckless driving increased, according to Car and Driver magazine. Additionally, medical costs rose substantially, and truckers have seen numerous extremely high liability judgments.

You can play an important role in keeping your commercial auto premiums in check.

Reward safe driving. Tie accident-free periods to bonuses or institute some other pay-for-performance reward.

End distracted driving. Enforce a cell phone policy that allows time for off-road calls and texts, and prohibits use while driving.

Consider telematics. Devices that collect data on driving habits can provide your company and insurers with important evidence on low-risk behaviors and can help with training for drivers who aren’t following best practices.

With some basic risk management, your company can stand out as a good bet for insurers.

Contact Rettino Insurance for all your business insurance needs. We are happy to give you a comprehensive quote for with the best commercial auto rates and explore extended coverages.