Tuesday, October 11, 2011 5:21:00 PM
Risk management through early identification of high-risk drivers and high-risk driving behavior has several significant benefits, including saving lives, property and costs.
The Driver’s Alert SMART RISK™ Program is the most effective and least costly way to reduce losses and costs associated with at-fault crashes.
There are many direct and indirect costs associated with crashes.
| Direct Cost of Crashes |
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Indirect Cost of Crashes |
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Here are some of the most frequent costs associated with at-fault crashes that Driver’s Alert can quickly help you reduce and avoid:
- Cargo Damage
- Vehicle Damage
- Medical Costs
- Loss of Revenue
- Administrative Costs
- Police Reports
- Possible Effect on Cost of Insurance
- Possible Effect on Cost of Workman's Compensation Insurance
- Towing Costs
- Storage of Damaged Vehicles
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In addition to the direct costs of crashes, each at-fault accident can also result in indirect costs and serious consequences for your company. Driver’s Alert SMART RISK™ Program is specifically designed to help you reduce or eliminate these serious costs:
- Lost Clients / Customers / Sales
- Meetings Missed
- Salaries Paid to Employees in Accidents / Lost Time at Work
- Cost to Hire / Train Replacement Employees
- Supervisor's Time
- Replacement Vehicle Rental / Damaged Equipment Downtime
- Accelerated Depreciation of Equipment
- Poor Public Relations / Publicity / Increased Public Relations Costs
- Government Relations Costs
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It is impossible to measure or predict the cost of any future crash since it’s impossible to predict the severity of a crash that has not yet occurred, but it IS possible to reduce these costs regardless of the severity of future crashes.
The combination of Driver’s Alert’s 'early-warning' monitoring system, our world-class online safety training courses and our industry-leading real-time and historical data management capabilities is the reason why the Driver's Alert SMART RISK™ Program can help you accurately and quickly identify and correct high-risk behavior that leads to crashes.