24 August 2018

For fleet managers and businesses across the country, corporate and grey fleets are integral to the continued growth of the company. That’s why this month; we wanted to explore some of the ways targeted driver training can help reduce business expenditure.  

Reduced insurance premiums

One of the most significant ways that driver training can help save a business money is that it can reduce insurance premiums. Drivers that undertake training courses will pose as a lesser risk to themselves and other road users, particularly if they take intensive, defensive driving courses.

Many insurance companies recognise driver training and will reduce premiums, but it is worth checking exactly whether course participation will impact premiums.

Even if an organisation doesn’t have the facilities to train in-house, these programmes can be outsourced to specialist companies.

Reduced unplanned vehicle downtime

Regardless of how large or small a fleet is, unplanned vehicle downtime can have an impact on costs and productivity. For example, if a fleet only has 10 vehicles and one is involved in an accident, that’s 10% of their fleet off the road straight away.

Similarly, if vehicles need repairs because they are being driven badly, they will also no longer be available for use.

Targeted driver training helps to reduce such unplanned vehicle downtime and ensures that maintenance and repair costs are kept to a minimum. In addition to repair costs, unplanned vehicle downtime also means that key meetings and sales opportunities could be missed. 

Reduced employee downtime

Driver training must take into account the varying weather conditions throughout the year.
Ensuring that drivers know how to cope in adverse weather conditions, such as black ice, storms or heavy rain, by improving their skills will further cut the costs of unplanned maintenance and repairs.

Reduced vehicle maintenance and repair bills

Bad driving habits are picked up over time, but that shouldn’t discourage fleet managers and businesses from implementing driver training. When an employee takes to the road and regularly speeds, brakes harshly or coasts, wear on the vehicle will increase.

That vehicle will have to go in for maintenance and repairs more often, increasing associated costs. If a driver has been trained to drive more economically, a business will also save money on fuel expenditure.

Further reading

For more information on how to reduce costs, improve driver safety within a fleet and to find out how utilising connective technology can benefit fleets of all sizes, take a look at the articles listed below. 

 

In conclusion, driver training shouldn’t be overlooked, especially when fleet managers are implementing new fleet policies.

The financial and administrative costs involved with accidents and vehicle downtime can have a detrimental impact on a business and driver training helps to reduce these expenditures. 

To find out more about our fleet management and leasing, employee benefits solutions and driver services, call a member of our team on 0844 854 5100 or email CSalmon@sgfleet.com.