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Over the past couple of years we have seen carrier after carrier running high loss ratios on their commercial auto business.
There are several factors playing into this ......
• More Traffic – 3% increase in commercial vehicle miles from last year which contributes to frequency of accidents 
• Distracted Drivers – Texting and phone calls 
• Medical Costs – increasing 1.5 times faster than other costs 
• Inexperienced Drivers – major shortage of skilled drivers with good driving records 
• Auto Repairs – Today’s vehicles are very expensive to repair

Source: SIAA

Call us TODAY to find out how you can save money on your Insurance!

#CommercialAutoInsurance #BusinessAutoInsurance#IndependantInsuranceAgent #Insurance #WaittoText


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