Practice question

A transport manager wants to reduce the operator's insurance premiums sustainably. The most effective long-term approach is to:

  1. Under-declare the number of vehicles
  2. Improve the safety record through driver training, telematics and reduced claims
  3. Cancel insurance during quiet months
  4. Hide accidents from the insurer

Answer: B — Improve the safety record through driver training, telematics and reduced claims

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