NEWS

SURESAVE ESTIMATOR

Click on this link: Suresave-Estimator-1 1.xlsx

When using this ready-reckoner, please be aware that the figures quoted are estimates that may bear no relation to what may occur in reality. Savings may be lower or higher according to prevailing circumstances. Additionally, by way of explanation, the three areas of savings are further explained below.

Insured cost savings – These are driven by a combination of claim numbers, own damage costs (above the policy excess) and third party damages. Driversure’s program has a proven track record of reducing all of these.

Examples of Driversure actions that result in savings

• Improving driving-safety culture at driver, manager, departmental and organisational levels
• Using reported claims data to make better decisions about handling own and third party damage
• Managing gathered risk data from other sources to accurately identify sources of risk
• Identifying causes of risk and resolving them with appropriate and timely remedies

Uninsured cost savings – These will vary from fleet to fleet and depend on claim numbers but typically will include the policy excess (or total repair/loss), alternative transport, injury compensation, incidentals (such as recovery, storage and engineering costs), diminution of the value of the vehicle and other costs associated with the accident. Driversure reduces these alongside insured costs as a key impact of the consolidated risk program.

Administration cost savings – In this context these relate typically to implementing and initiating risk services, chasing drivers, managing gathered risk data, investigating risk causation, allocating appropriate remedial action etc. Driversure carries out all of these functions, which generates over a 90% saving for the Fleet.