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Would you like to lessen the impact of fleet accidents on your fleet operations?On June 25, 2025, Element Fleet Management and HUB International experts held an in-depth discussion about avoiding accidents and managing loss costs in our webinar, Steer clear of losses: Reducing your fleet’s total cost of risk.This presentation considers the full impact of accidents on an organization, and how fleets can best position themselves to reduce overall costs related to accidents and loss mitigation.
From billion dollar losses driving up commercial auto insurance premiums, to labor shortages driving up labor rates for collision repairs, coupled with tariff impacts, and inflationary pressures, both self-insured and fully-insured fleets should anticipate significant increases in loss-related costs.
While self-insured and fully insured fleets both have a wide variety of risk mitigation strategies they can employ, effective strategies, such as driver behavior monitoring, may not be as easily deployed for companies with drivers on reimbursement.