Attention Business Owners

Over the past couple of years we have seen carrier after carrier running high loss ratios on their commercial auto business.
There are several factors playing into this ......
• More Traffic – 3% increase in commercial vehicle miles from last year which contributes to frequency of accidents 
• Distracted Drivers – Texting and phone calls 
• Medical Costs – increasing 1.5 times faster than other costs 
• Inexperienced Drivers – major shortage of skilled drivers with good driving records 
• Auto Repairs – Today’s vehicles are very expensive to repair