What drives higher losses in commercial auto?
Learn about the “Big 3” commercial fleet loss types and how to help your drivers avoid them.
Nationwide understands insurance industry trends and works to keep customers informed about what’s going on and how it impacts their business. For commercial auto, increases in total miles driven, distracted driving and medical expenses are some of the leading factors behind the recent rise in losses and higher costs.
Our fact sheet highlights these and other key factors, including the “Big 3” commercial fleet loss types – lane departures, rear-enders, and hitting pedestrians or cyclists. Our Loss Control Services team also suggests steps fleet managers can take to help minimize losses, and directs them to the wide variety of risk management tools and information we provide.