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Factors Influencing Insurance Costs
The cost of NEMT van coverage is influenced by several factors, including the size of your fleet, the types of vehicles you operate, your geographical location, and your claims history. Insurance providers assess these factors to determine the risk level and, consequently, the premium rates. Implementing safety protocols and driver training programs can help mitigate risks and lead to lower insurance costs. According to recent industry reports, businesses that invest in driver safety programs can see insurance savings of up to 15%1.