Industry News
Controlling Auto Insurance Costs for Plumbers and HVAC Contractors
Author, Matt Gorham, Account executive, Rancho Mesa Insurance Services, Inc.
Like most businesses, vehicles are an essential part of a plumbing or HVAC contractor’s operations. Whether the focus of their business is service and repair, tenant improvements, installation, or new construction, company leaders depend on trucks, vans, and cars to get their people, equipment, and materials safely to the jobsite.
Non-Owned Auto Can Be A Janitorial Company’s Hidden Nightmare
Author, Jeremy Hoolihan, Partner, Rancho Mesa Insurance Services, Inc.
It is common for employees of janitorial companies to drive their own vehicles, whether that is driving to various jobsites, transporting cleaning supplies, or simply running errands. For the janitorial company, this creates what is referred to as a non-owned auto exposure.
Work-Related Automobile Accidents and Their Correlation With Workers’ Compensation Claims
Author, Kevin Howard, Account Executive, Rancho Mesa Insurance Services, Inc.
In California, motor vehicle accidents are among the leading cause of severe injuries on a daily basis. From a risk management perspective, a company’s fleet safety program has a primary goal of keeping employees safe while driving which lowers the amount of annual auto premiums paid.
Actual Impact of Auto Claims to Your Bottom Line?
Author, Dave Garcia, President, Rancho Mesa Insurance Services, Inc.
In two previous articles/podcasts, we explored “below the surface” impacts from payroll inflation and lost time workers’ compensation claims. We provided detail on how these can negatively impact a business’s productivity and profitability and what companies can do to mitigate those impacts. Today, let’s look at another area where you need a keen awareness to really understand all the impacts.
How COVID-19 Might Create a Non-Owned Auto Liability Gap
Author, Drew Garcia, Vice President, Landscape Group, Rancho Mesa Insurance Services, Inc.
As landscape businesses continue to adapt operating protocol due to COVID – 19, they may also be creating new risk. Newly formed “work from home” policies for the office staff and direct reporting to job sites for workers in the field can create more of a non-owned auto liability exposure.
Managing the Inherent Risks of Personal Vehicle Use Within Your Company
Author, Daniel Frazee, Executive Vice President, Rancho Mesa Insurance Services, Inc.
While costs associated with auto liability continue rising across the country, there are risks within existing fleet safety programs that often get overlooked. If your business allows employees to use personal vehicles to conduct business even just occasionally, you could be exposing your firm to considerably more risk.
Ensure You’re Not Under Covered and Overpaying for Auto Insurance
Author, Casey Craig, Account Executive, Rancho Mesa Insurance Services, Inc.
Auto insurance prices are continuously rising. What is the reason for this and what can be done to cut back on the cost? There are many factors that lead to the carriers needing to increase their rates. We are going to discuss exactly what some of the reasons for the increases are; and more importantly, what business owners can do to offset price increase as much as possible while receiving adequate coverage.
Distracted Driving, Not Just an Automobile Insurance Issue, Bad News for Workers Compensation Too
Author, David J Garcia, A.A.I, CRIS, President, Rancho Mesa Insurance Services, Inc.
I’ve written at length on the negative effects distracted driving is having on the automobile insurance industry and its impact on the rise in accidents, claim costs, and increases to your automobile premiums. But, have you considered its effects on your Experience Modification Rate (EMR) and ultimately workers’ compensation cost?
Hired and Non-Owned Liability Coverage: The Sleeping Giant
Author, Daniel Frazee, Vice President, Rancho Mesa Insurance Services, Inc.
Could your company have underlying Auto related exposures that you are not aware of? Let’s assume you have taken several precautions to properly manage the safety of your fleet. But has your management team contemplated potential losses arising from employees operating their own personal vehicles as they relate to your business?