What’s driving higher losses in commercial auto?

Examine key factors and how to help keep insurance costs under control.

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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.

Learn more about managing risk to your business

The expertise of the Nationwide Loss Control Services team provides a competitive advantage and added value to the businesses we insure. We offer industry advice and consultation through a wealth of resources, including:

  • Virtual consultations with LCS specialists via video and chat options
  • Technical bulletins on a wide range of safety and risk management topics
  • Hundreds of training videos from the Safety Source library
  • A variety of loss control-related webinars held throughout the year

Not a Nationwide member? Contact an agent and get a quote today.

Questions? Contact Nationwide Loss Control Services at 1-866-808-2101 or LCS@Nationwide.com.