Operations

The 3 Most Costly Limo Insurance Claims

Posted on October 1, 2012

LONG BEACH, N.Y. — Lancer Insurance Company, a leading U.S. limo insurer, has compiled a list and accompanying infographic of the three most costly limo claims.

Left-hand turns. Accidents occurring when left-hand turns are made into oncoming traffic on two-way roads are either head-on or T-bone crashes, producing multiple serious injuries to the occupants of all involved vehicles. Left-hand turn accidents represented only 2.5% of total claims reported to Lancer in 2011, but accounted for a staggering 21.7% of claim dollars paid.

To avoid these crashes, chauffeurs should realize that their vehicles are often larger and take more time to clear oncoming traffic than a normal sized private passenger automobile. Be patient and wait for all oncoming traffic to pass before making the turn.

It is also difficult to gauge an oncoming vehicle’s speed, especially at night. Do not begin the turn into you are sure you have enough time to complete it safely.

Intersection crashes. These crashes are costly because they usually involve several moving vehicles and multiple passenger injuries. While only making up 5.8% of total claims reported, intersection crashes account for 12.8% of total claim dollars paid.

Beware of “stale green lights” that are bound to change to red as you approach, and cover your brake in anticipation. Never assume that the driver of an approaching vehicle is prepared to obey signage or traffic signals directing him or her to stop.

Pedestrian/bicyclist hits. While making up only 0.018% of total claims, limo accidents involving pedestrians or bicyclists make up 3.7% of total claims paid. There are few, if any, accidents worse than this. They occur more frequently than expected and often have tragic results. Pedestrians jay-walk, walk behind moving vehicles, cross from between parked cars, exit parked cars without looking, and can be so distracted by their smartphones that they do dumb things, like walk in front of a limo.

Chauffeurs need to give driving their full attention and slow down, scan left and right, and be prepared to stop.

Check out the infographic below (for full size, please click: http://www.limoinsurancedirect.com/3-most-costly-limo-claims_540px.png)

Source: Lancer Insurance

View comments or post a comment on this story. (0 Comments)

More News

Skedaddle Works To Change Charter Bus Business

The on-demand bus app could fill a lot of down time for motorcoach operators.

Ohio Family Opens Party Bus Business

The bus includes a custom-built bathroom, color-changing LED lighting, and a SMART TV.

Metro Cars Builds Strong Affiliate Relationships

The Michigan-based operation believes in the importance of forming bonds with other ground transportation businesses.

Uber Gets Silly, Creepy & Cheap

TNC Travesties Of The Week: Selfie check-ins and ghost drivers. . . and people still debate driver background checks?

Top Luxury Hotels Thrive Despite Global Travel Drop

Affluent consumers are cutting down on stays with a modest decrease in booked nights.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - September 2016 $12.95 COVER STORY: * How Do We Max Our Markets? * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close