Managing Your Corporate Vehicle Exposure

Automobiles are one of the most significant exposures to loss a company can face. To ensure that you effectively manage your company’s vehicle liability and risk exposure, you need to have an effective risk management strategy.

Without one, the consequences to your company’s bottom line can be severe. With one, you can reduce your total cost of risk and protect your finances. Remember, if someone is driving a vehicle while on the job, you are ultimately responsible for any collisions they may cause.

Besides regularly running Department of Motor Vehicle reports to check your driving employees’ driving records, consider the following when devising your risk management strategy: Managing Your Corporate Vehicle Exposure