Road safety for fleets of vehicles

Georges Dionne (), Denise Desjardins () and Jean-François Angers ()
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Denise Desjardins: HEC Montreal, Canada Research Chair in Risk Management
Jean-François Angers: University of Montreal, https://dms.umontreal.ca/en/departmental-directory/professors/portrait/angers

No 21-3, Working Papers from HEC Montreal, Canada Research Chair in Risk Management

Abstract: Road safety for fleets of vehicles has been neglected in the insurance literature, mainly because appropriate data is not available. This paper makes a threefold contribution: 1) Produce statistics on current fleets’ road safety offences using a panel of 20 years of data on truck fleets; 2) relate these offences to fleets’ accidents; and 3) identify and classify the riskiest fleets for insurance ratemaking based on past experience in managing road safety. Our results show a substantial heterogeneity between fleets in terms of road safety.

Keywords: Road safety; truck fleets; professional drivers; road safety infractions; road safety policy; zero-inflated model; negative binomial model (search for similar items in EconPapers)
JEL-codes: D81 G22 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2021-04-12
New Economics Papers: this item is included in nep-ias and nep-tre
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Persistent link: https://EconPapers.repec.org/RePEc:ris:crcrmw:2021_003

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