TUESDAY, FEBRUARY 22, 2022
Collisions are a leading cause of liability loss for trucking companies. Many factors increase the risks of collisions. These accidents can lead to fatalities, injuries and significant property loss.
Why are trucking accidents common? Well, it takes a loaded tractor trailer extra space to stop than it does for a passenger vehicle to do so. And, these trucks weigh more than the average vehicle, so stopping suddenly might not be an option.
Fortunately, some companies are taking steps to curb this trend, by utilizing advanced collision avoidance technologies. These enhancements can help reduce the risks of collisions.
Technology Changing Trucking
There are many types of accident-reduction technologies available to trucking companies today. Many businesses see these features as necessary investments, as they can reduce trucking-related losses from accidents. Consider a few key technologies now hitting the market.
Safety technology such as anti-lock braking systems and lane departure warnings are valuable. The use of stability control systems can also help reduce the risk of a collision occurring. 
Specific collision avoidance systems alert the driver when a collision is possible. They work by judging the distance between the truck and an object. Some systems brake automatically to avoid the collision.
Rear-view cameras can reduce many claims related to backing up or maneuvering. Blind spot warning systems enhance this as well.
The use of cameras is another type of collision reduction solution. Side or exterior cameras can give drivers more information to make better decisions.
Telematics are also valuable. This allows for vehicle-to-vehicle communication, which can increase safety significantly. It can also give trucking companies more information about drivers operating their trucks.
Is Investing in Technology Worthwhile?
Making the decision to invest in technology can be a hard one. It can be expensive to outfit numerous vehicles with such devices.
However, the investment can pay major dividends by keeping your drivers safe and helping them avoid fatal accidents. While comprehensive trucking insurance can help with the financial fallout from an accident, it’s also beneficial avoid wrecks in the first place.
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NOTICE: This and all content is developed from sources believed to be providing accurate information.
The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional
for detailed information regarding your individual situation. Some of this material was developed and shared by Trucking Insurance Services LLC to provide information
that may be of interest. Trucking Insurance Services LLC is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm.
The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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