The Costs of a Work Related Road Accident

The true cost of a work related road accident is much more expensive than many employers first realise. The costs are significantly more than just the garage bill for repairs to your vehicle and your insurance policy might not cover you for as much as you first assumed.

The costs to your company of a work related road accident include:

	Loss of company reputation and contracts
	Fines and costs of prosecution
	Staff down time for medical appointments, meetings with lawyers and court appearances etc.
	Cost of replacement staff and sick pay
	Loss of production / delayed delivery
	Increased insurance premiums and cost of insurance excess
	Offenders own legal fees
	Claims from third parties
	Cost of accident investigation and administration / paperwork
	Cost of repairs to damaged vehicles / equipment
	Cost of alternative transport for duration of repairs
	Inconvenience / Re – delivery
	Management and administrative time