April 10, 2007
Reducing the number of preventable accidents presents a huge opportunity to reduce fleet costs. The industry average cost to repair a fleet vehicle involved in an accident is $1,848. Nowadays, even the simplest fender bender costs $500 or more. When other accident costs are included, such as loss of use, liability, workers’ comp, and other indirect expenses, the total cost exceeds $10,000 per incident.