| GPS Helps
You Avoid Serious Liability
FleetBoss
GPS Solutions Can Provide Peace of Mind and Lower Insurance
Costs.
If
you're one of the 91% of companies* that have take-home fleet
vehicles, you no doubt believe that providing your employees with
a company vehicle is just an unavoidable necessity of doing business.
But did you ever stop to think about the legal risks
associated with having a take-home fleet? The truth is that
you
could be taking a very serious gamble if you don't have a GPS
solution.
Negligent
Entrustment
Left
unchecked, drivers that engage in reckless
or risky behaviors can cripple your business. If your
employees get in an accident, drive while intoxicated or commit a
crime in a company-provided vehicle, your
business may be liable for monetary damages and more.
You
may be surprised to learn that you are
100% liable for accidents or crimes committed by drivers using
your vehicles. What's worse, if a crime is committed by
a driver
using your fleet vehicle, your insurance provider may refuse
to cover any damages. The courts can go after your personal assets,
including
your business, personal income, savings accounts and even your
home. Also, your insurance provider will likely increase
your premium
or non-renew your policy.
Your
liability is due in part to a legal term called "negligent
entrustment".
Negligent entrustment involves the expectation that you, as an
employer, trusted a person with the use of a potentially dangerous
object--in this case, a take-home vehicle. If something terrible
occurs while that person is operating your vehicle, then it is
assumed that you are liable, since you should have known that
person could not be trusted.
How
Can You Lessen Your Liability?
One way is to mitigate your liability is to know
your drivers. Check the driving
records
and
general
backgrounds
of
employees
who
operate in your fleet or even just run errands. Ignorance
of an employee's poor motor vehicle record is no protection
against corporate liability.
Another
very effective way to lower your liability is to acquire a GPS
fleet management system. With a GPS solution like those offered
by FleetBoss, your business can accurately
monitor your fleet vehicle drivers
and
significantly
minimize
your liability concerns. Your insurance company may also offer
you lower rates if you install a GPS solution.
Contact
FleetBoss to learn more.
*Statistic provided from the National Association of Fleet Administrators
Vehicle Policies and Procedures Survey.
© 2006 FleetBoss Global Positioning
Solutions, Inc. All rights reserved.
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