Lower Truck Insurance Premiums Part One

Truck insurance premiums are being forced up by a fresh surge in claims against HGV vehicles and their drivers involved in accidents. Here at Isis Insurance we are acutely aware of the impact this has on your business and as valued customers we want to try and help in any way we can to reduce the cost of your premiums.

This is why our experts have spent some time creating this two-part guide to lowering the cost of your HGV insurance and below you will find a number of tips to keep your premiums down…

Because of the amount of liability cover carried by truck firms many lawyers know to chase injury cases involving HGVs, hence the increase in claims and premiums. To keep the cost of your truck insurance cover down you can start by keeping a tight rein on your drivers’ tachometer readings. If they all stay within the legal limits you will find it easier and cheaper to get cover.

The best way of ensuring you stay on the right side of the law is to be very careful who you employ. Be thorough in checking their driving history and pay attention to their attire and appearance. Are they professional? Can they be trusted?

And don’t just leave the rest to chance either. Constantly re-educate your drivers and remind them of their limits and what you deem as acceptable behaviour. Also ensure they are aware of traffic laws and know how to drive!

 A good way of improving truck drivers’ skills is to put in place a reward scheme that rewards them for incident free miles and good feedback. That way they have something to strive for.

Log on next week to check part two of our truck insurance guide…

>> For more truck insurance advice talk to one of our experts now on 01625 539 656.

This entry was posted on Thursday, May 7th, 2009 at 3:13 pm and is filed under HGV (Haulage/Truck). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.