SAP Concur Podcast: Managing the Business Risks of Employee Drivers
SAP Concur published a podcast article featuring Jonathan Steele of Motus discussing the business risks of employee drivers. It notes that even if employees use personal vehicles, organizations face risk and liability when employees drive on company business. Companies must ensure drivers have valid licenses, insurance and clarity on vehicle ownership. A case study describes a company that checked driving records only annually, failed to identify risks in time, and ultimately faced a multimillion-dollar settlement. The article also notes U.S. auto insurance premiums are outpacing other inflation categories, one in seven drivers is reducing or forgoing insurance, and 10.7 million drivers wer…
Impact and considerations
Employee driver risk involves corporate liability, insurance costs and compliance monitoring, with financial and operational implications for companies with mileage programs or employees who drive for work.
Key points
- Even if employees use personal vehicles, organizations face risk and liability when employees drive on company business.
- Companies must ensure drivers have valid licenses, insurance and clarity on vehicle ownership.
- A company that checked driving records only annually failed to identify risks in time and ultimately faced a multimillion-dollar settlement.
- U.S. auto insurance premiums are outpacing other inflation categories; one in seven drivers is reducing or forgoing insurance, and 10.7 million drivers were uninsured in the first half of 2023.
- The average cost of a non-fatal accident is $75,000.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 14 Oct 2024, 18:30
- Page published
- 14 Aug 2026, 08:12
- Last updated
- 14 Oct 2024, 18:30
- Original links
- SAP Concur Blog：How to Manage the Business Risks of Employee Drivers: An SAP Concur Conversations Podcast with Motus (opens in a new tab)Primary source · en · Published 14 Oct 2024, 18:30