Economic Driving Facts

Economic Facts

Bill Plant Ltd is able to offer all forms of in vehicle training. Please contact us for a quotation & further information

During the next 12 months on average 65% of all company vehicles will be involved in a collision/ incidence. The average vehicle repair costs, following one of these events, can range between £750 and £5000 per claim.

Reduced operating costs

Depending on previous claims record, fleet size and composition at the time when insurance premiums is due a reduction in insurance premiums of at least 15% could be expected.

You can also expect:

  • Reduced fuel consumption/ improvements of between 5% and 20%
  • Reduced wear and tear on tyres, brakes and clutches etc.
  • Improved vehicle resale values
  • Fewer accidents
  • Reduced accident repair bills
  • Reduced vehicle hire
  • Reduced fleet admin
  • Improve company image by reduced CO2
  • Improved public image by improving the general condition of vehicle
  • Protection from prosecution

Improved profit

To most companies the operating costs of vehicle fleet is a major bottom line cost.

Driver training can typically reduce fleet costs by up to 20% in the first year.

(*)For example, a company with a turnover of £10M with 4% return on sales, a fleet of 40 vehicles with typical incident rates and costs of repair and admin, needs to generate around £ 990,000 in revenue simply to cover the full costs of road traffic accidents alone.

(*) Source AA