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The Truth About Loss Prevention for Commercial Vehicles

Posted Aug 14th, 2017 in Media, General, Insurance Tips, Commercial Insurance, Did You Know?

If your business involves the use of commercial vehicles, there are several steps you can take to prevent injuries, damages, or other losses.

Loss Prevention For Commercial Vehicles, Youngs Insurance, Ontario

When it comes to loss prevention with regards to your commercial vehicles and drivers, it’s important you understand your responsibilities.

The Responsibility of the Employer

If you are a commercial business owner, there are a number of protections you should have in place. With help from the Insurance Brokers Association of Hamilton, we’ve outlined the employer's’ responsibilities for you to review.

  • Obtain pre-employment checks on your employees before hiring them. Make sure that the driver has experience relative to the vehicle they will be driving, and the work that they will be doing. Hiring a driver with a clean driving and operating record is key to reducing the risk of injury or losses. 
  • Create a standardized checklist that can be used to inspect the vehicle daily.
  • Keep up regular maintenance by experienced and qualified mechanics. You should also keep regular maintenance schedules and records.
  • Choose an anti-theft device that is best suited to protect your commercial vehicle and cargo.
  • Keep commercial vehicles in a secure location when not in use, such as a locked garage.

The Responsibility of the Driver

As a business owner, you must provide your drivers with a list of their responsibilities when it comes to preventing loss with your commercial vehicles.

  • Do not allow anyone to ride in the vehicle unless they have been authorized by the owner.
  • Keep the commercial vehicle keys and business keys on separate rings. Do not attach identification tags to them.
  • In case of emergencies, make sure the vehicle is equipped with the necessary tools, such as a flashlight, spare tire, tire jack, and flares.
  • Drive the vehicle properly and follow the rules of the road. Try to drive on well-maintained roads at the posted speed limit. Always make sure loads are properly secured.
  • Before leaving the vehicle, make sure the engine is turned off, the vehicle is locked, and your keys are with you. Park the vehicle in a well-lit area.
  • Keep valuable items out of sight and do not tell anyone about the contents of the vehicle, loads, or your destination.
  • Make sure that the receiving party signs for each delivery.

At the end of the day, it's essential you do whatever you can to prevent losses with regards to your commercial vehicles. 

>>Contact Youngs Insurance for a Commercial Insurance Specialist 


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