Author, Drew Garcia, Vice President, Landscape Group, Rancho Mesa Insurance Services, Inc.
Commercial auto premiums for landscape companies continue seeing heavy increases, and there is no end in sight.
Knowing your cost per unit (CPU) is a critical component landscape owners and CFO’s must follow to properly monitor, budget, and forecast fleet related premium. Landscape companies with the lowest CPU’s minimize accident frequency and severity by practicing proactive and reactive risk management techniques.
Proactive management can include routine MVR checks, continuous driver monitoring, and ongoing driver training.
Reactive management can consist of reporting, analyzing, and correcting both near miss and post-accident incidents.
Fortunately for companies working with Rancho Mesa, we offer a number of video training series in English and Spanish including accident prevention, defensive driving, distracted driving, and more.
When an auto accident occurs, Rancho Mesa’s client services department will analyze the incident and recommend specific training back to our landscape customers, encouraging proactive safety and helping to mitigate future accidents.
What is your CPU, are you addressing accidents with training, and is your program leaking premium dollars?
For more information on how to help control rising premium costs, contact Drew Garcia at (619) 937-0200 or drewgarcia@ranchomesa.com.