Understand how your insurance is priced.
The basic qualitative factors that go into your price are: vehicle category, dashcams installed, any risk management controls have been in place, description of at fault / not at fault accidents on your MVR, owner experience.
Basic qualitative factors include: number of total accidents, total years of experience, severity of losses, size of liability, and state / municipality rates.
The best way to lower your insurance costs is to take steps to improve the safety of your fleet. You must build a strong reputation in order to get cheaper insurance covering a safer risk. It is as simple as that.
Driver Saftey Program
By enrolling with Albus Insurance and to be eligible for discounts, we make it mandatory for your drivers to watch 5 safety videos that covers and equivalent of a 23-page manual. Short quizzes will follow, end of day alerts and summary of driver behavior and profitability will follow. To learn more, please contact us at firstname.lastname@example.org