The Federal Motor Carrier Safety Administration released an extensive study of the actual costs of crashes involving many types of trucks – including straight trucks (no trailer), tractor-trailers, medium and heavy vehicles. The numbers are truly staggering.
| The lowest average cost-per-crash is for property-damage-only crashes: |
$15,114 per crash |
| Crashes in which straight trucks with no trailers were involved averaged: |
$56,296 per crash |
| Crashes involving non-fatal injuries soared to: |
$195,258 per crash |
| Crashes involving a death exceeded: |
$3,604,500 per crash |
In addition, there are many additional cost factors, such as damaged goods, down-time and replacement of vehicles, administrative costs, and much more.
Think about this: If your company operates on a 5% profit margin, you’d have to generate an additional $1 million in revenue to cover the cost of a single $50,000 accident.
The Driver’s Alert SMART RISK™ Program can help you prevent, reduce or eliminate at-fault accidents, and help you save lives, reduce costs and protect your bottom line right now.
Driver's Alert will reduce your rate and cost of at-fault crashes, and give you the tools to identify and correct unsafe driving behavior to prevent at-fault crashes. For over 20 years, Driver’s Alert has provided accident-reduction and risk-management tools for over 600,000 vehicles, and we can GUARANTEE to reduce YOUR costs and losses no matter what size fleet you have, or what kind of vehicles you operate.