Fencepost - May/June 2018 - 46

AFA

FEATURE

FENCE CONTRACTORS:

MANAGE YOUR
AUTO FLEET RISK
The rebounding economy has brought with it a significant
expansion in business auto fleets, with companies in construction, transportation and logistics putting more vehicles on the
road. That's generally very positive, but there is a downside: as
more technology comes into our vehicles, there is an increase
in the number of driving distractions and new challenges for
fleet management.
Crowded roadways, new monitoring devices and services, and
weak corporate policies surrounding fleet operations are leaving
many insurance companies with no option but to raise rates. As a
company, many executive teams' first concern is the rise of insurance premiums, but that shouldn't be the only concern. Whether
you have a fleet of five or 500, it only takes one major accident to
harm a company's balance sheet. Insurance cost, as always, is driven
by loss experience.
By the numbers:
* In 2011, losses for commercial automobiles were reported at
$744.8 million. (A.M. Best)
* Losses rose to more than $2.9 billion in 2016. (A.M. Best)
* As an example, in Georgia, motor vehicle-related fatalities jumped
33 percent from 2014-2016. This was more than twice the national
average and fifth highest in the country (National Safety Council).
There are ways your company can actively reduce claims while
at the same time limiting the amount of risk you absorb.

REDUCE DISTRACTED DRIVING
Distracted driving on the roadways has become one of the top
causes of accidents. With crowded roadways and the cost of medical care and vehicle repair rising, the rise in auto rates is likely to
continue as insurers try to limit losses.
For example, during the 2018 legislative session in Georgia,
a bill was introduced that would limit "handheld" smartphone
use. This is an effort to dramatically reduce accidents caused
by distracted driving. Regardless of whether this bill clears the
legislature, companies need to embrace policies and company

JSLAVY/SHUTTERSTOCK.COM

BY JOEY MAXWELL
CLIENT ADVISOR, STERLING SEACREST PARTNERS

behaviors to reduce employee use of electronic devices while
operating a vehicle.

MOTOR VEHICLE RECORDS
Companies should more regularly check their employee motor
vehicle records (MVRs). Checking the MVRs annually is recommended, but more frequently would be more effective.
It's a common myth your insurance carrier checks your drivers'
MVRs for you every year. Most, if not all, insurers are beginning
to push this responsibility back upon the company, as they want
to see their insured taking ownership over their safety. A regular
check would alert you to dangerous or concerning behavior (i.e.,
excessive speeding violations, DUIs, etc.). Knowledge of these trends
will enable your company to take appropriate action.

www.americanfenceassociation.com | 46 | May/June 2018


http://www.americanfenceassociation.com

Table of Contents for the Digital Edition of Fencepost - May/June 2018

Editor’s Note
Executive Director’s Message
President’s Message
Board of Directors | Chapter Presidents Committee
Fencelines
Fenced In: Best Practices for Farm and Ranch Enclosures
CLFMI
Getting in the Loop
VMA
Long-Term Objectives of AFA’s Upcoming Certified Fence Contractor Program
5 Strategies to Give Your Fencing Company a Good Name
New Members
Solving the Puzzle
An Aging Workforce – Is 60 the New 40?
Chapter News
Fence Contractors: Manage Your Auto Fleet Risk
Minding Your Business
Calendar
Index to Advertisers
Fencepost - May/June 2018 - Intro
Fencepost - May/June 2018 - cover1
Fencepost - May/June 2018 - cover2
Fencepost - May/June 2018 - 3
Fencepost - May/June 2018 - 4
Fencepost - May/June 2018 - 5
Fencepost - May/June 2018 - 6
Fencepost - May/June 2018 - 7
Fencepost - May/June 2018 - 8
Fencepost - May/June 2018 - 9
Fencepost - May/June 2018 - 10
Fencepost - May/June 2018 - 11
Fencepost - May/June 2018 - 12
Fencepost - May/June 2018 - Editor’s Note
Fencepost - May/June 2018 - 14
Fencepost - May/June 2018 - Executive Director’s Message
Fencepost - May/June 2018 - 16
Fencepost - May/June 2018 - President’s Message
Fencepost - May/June 2018 - 18
Fencepost - May/June 2018 - Board of Directors | Chapter Presidents Committee
Fencepost - May/June 2018 - Fencelines
Fencepost - May/June 2018 - 21
Fencepost - May/June 2018 - Fenced In: Best Practices for Farm and Ranch Enclosures
Fencepost - May/June 2018 - 23
Fencepost - May/June 2018 - 24
Fencepost - May/June 2018 - 25
Fencepost - May/June 2018 - 26
Fencepost - May/June 2018 - CLFMI
Fencepost - May/June 2018 - Getting in the Loop
Fencepost - May/June 2018 - 29
Fencepost - May/June 2018 - 30
Fencepost - May/June 2018 - 31
Fencepost - May/June 2018 - 32
Fencepost - May/June 2018 - VMA
Fencepost - May/June 2018 - 34
Fencepost - May/June 2018 - Long-Term Objectives of AFA’s Upcoming Certified Fence Contractor Program
Fencepost - May/June 2018 - 36
Fencepost - May/June 2018 - 5 Strategies to Give Your Fencing Company a Good Name
Fencepost - May/June 2018 - 38
Fencepost - May/June 2018 - New Members
Fencepost - May/June 2018 - Solving the Puzzle
Fencepost - May/June 2018 - 41
Fencepost - May/June 2018 - An Aging Workforce – Is 60 the New 40?
Fencepost - May/June 2018 - 43
Fencepost - May/June 2018 - Chapter News
Fencepost - May/June 2018 - 45
Fencepost - May/June 2018 - Fence Contractors: Manage Your Auto Fleet Risk
Fencepost - May/June 2018 - 47
Fencepost - May/June 2018 - 48
Fencepost - May/June 2018 - Minding Your Business
Fencepost - May/June 2018 - Index to Advertisers
Fencepost - May/June 2018 - cover3
Fencepost - May/June 2018 - cover4
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