SMEs: Mitigating The Risks Associated With Commercial Vehicles
By Tara Kneafsey, RSA’s SME Director
Insurer RSA’s SME Director, Tara Kneafsey, highlights the key risks associated with commercial vehicles and gives advice on how small business owners can avoid them.
As a leading small to medium sized enterprise (SME) insurer, we are concerned about the challenges that small business owners face. The economic downturn has heightened awareness of the risks that businesses face – regardless of the industry they operate in, their size and location. More than any other, the importance of actively managing risks in a small business – rather than waiting for a situation to arise – should not...
When it comes to commercial vehicles, employers have a duty of care to ensure the legality of their vehicles as well as the safety of their drivers and, by extension, other road users. Post-recession, however, there are a number of temptations to employers looking to drive down costs.
Vehicle and employer roadworthiness
Cutting corners on vehicle maintenance, for example, by not sticking to the service intervals recommended by the vehicle manufacturer or failing to renew tyres at the set tread levels, is one such temptation. Doing so can lead to more road traffic accidents, increase insurance premiums or even void insurance cover and, in some circumstances, lead to prosecution. Therefore it’s crucial to carry out regular checks on all commercial vehicles.
Making sure that those you employ (and that drive for work purposes) are fit to do so is equally important. When did they last have an eye test, for instance? This is a fundamental but often overlooked fact and something that we’re committed to at RSA. As part of our Fit to Drive campaign, we’re calling on the government to put in place measures that will make our roads safer, and one way we’re doing that... continued on page two >