These are the costs many businesses simply don’t see
A serious collision, or regular reports of poor or inconsiderate driving can quickly develop into a serious reputational problem and loss of business.
Staff absence is the biggest hidden cost to business following a collision. Whether it’s a spurious ‘whiplash’ claim or something more serious, this lack of productivity can really harm the business.
Replacement Vehicles and Staff
Following a collision, the vehicle may be off the road for repairs so you might have to hire a replacement vehicle to ensure business carries on as normal.
In a more serious collision, you might find the driver is also injured and you need to get a temporary worker in to replace them, especially for deliveries.
Management and Admin Time
Someone has to ring the insurance, sort the claim, arrange repairs and replacement vehicles and deal with the HR issues. It all takes a lot of time!