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Idealease Safety Bulletin - Safety and Loss Control

Feb. 14 2020 Miscellaneous By Carrie LeBlanc

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Read and share the latest Safety Bulletin, "Safety and Loss Control: Will Your Company Survive", courtesy of Idealease Truck Leasing and Rental.

VIEW AND DOWNLOAD the full February 14th Edition and/or SIGN UP to receive these fleet safety tips directly to your email inbox each week!

In this issue find details on the following:

1. Safety and Loss Control May Make the Difference in Your Company Being Able to Survive. Rising Insurance Costs threaten Motor Carriers: 

  • Liability insurance premiums continue to climb threatening many operations
  • American Transportation Research Institute (ATRI) data cites that the cost of truck insurance premiums rose 12% in 2018 from the previous year, to 8.4 cents per mile of operation.
  • Litigation awards and insurance markets have forced for-hire and private motor carriers to reconsider their levels of insurance coverage.
  • Cameras (both inward and outward facing), collision avoidance systems, lane departure warning devices, speed monitors, and similar technology are increasingly showing up on new commercial vehicles.
  • Company managers need to use all the available resources to understand and mitigate their risks. 
  • Download the full bulletin for complete details or click here to sign up.  

Don't forget to register for our Safety Seminar on May 7th in Aurora! It's FREE to attend - any and all transportation professionals are welcome! The one-day seminar this year will focus on new safety technologies available on trucks today, basic safety and compliance, regulation changes, load securement and CSA.

The Idealease Safety Bulletin is provided for Idealease locations and their customers and is not to be construed as a complete or exhaustive source of compliance or safety information. The Idealease Safety Bulletin is advisory in nature and does not warrant, guarantee, or otherwise certify compliance with laws, regulations, requirements, or guidelines of any local, state, or Federal agency and/or governing body, or industry standards.