Accident Prevention
What Does Accident Prevention Mean?
Accident prevention involves any procedure, behavior, or practice designed to reduce the risk of various types of losses. Insurance companies support accident prevention, and some auto insurance providers offer discounts to drivers who complete accident prevention courses.
Insuranceopedia Explains Accident Prevention
Insurance companies promote accident prevention because it reduces the frequency of accidents, which in turn lowers the number of claims they need to settle. Fewer claims result in greater profitability for the insurer. Accident prevention courses are often available at local Department of Motor Vehicles offices. However, accident prevention is not limited to auto insurance; it also plays a crucial role in other types of insurance, including property, health, and fire insurance.
