Key Takeaways from the Trucking for Millennials Podcast Episode on Dash Cams with Josh Lovan
In a recent episode of the Trucking for Millennials podcast, the hosts delved into the transformative impact of dash cams on the trucking industry. Featuring insights from Josh Lovan, an industry business advisor at JJ Keller and Associates, the episode provided a comprehensive look at how dash cams are revolutionizing safety, reducing costs, and improving driver performance. Here are three key takeaways from the episode that listeners can expect to gain.
1. Dash Cams Significantly Reduce Accidents and Insurance Claims
One of the most compelling points discussed in the episode is the substantial reduction in both accidents and insurance claims that can be achieved through the use of dash cams. Josh Lovin shared some eye-opening statistics that underscore the effectiveness of these devices.
"For me, it was about 10 percent that first year. That equates to 200 accidents. That's a huge decrease right there with 200 accidents." - Josh Lovan
Lovan explained that the implementation of dash cams led to a 10% reduction in accidents in the first year alone. This not only enhances the safety of drivers but also has a direct impact on the bottom line by reducing the number of insurance claims. According to the episode, 49% of poll respondents who installed dash cams saw a decrease in the average value of insurance claims, and 61% reported a decline in the number of insurance claims.
The financial benefits are clear. Fewer accidents mean fewer claims, which in turn can lead to lower insurance premiums. This is a significant consideration for carriers, given the high cost of insurance in the trucking industry.
2. Dash Cams Provide Crucial Evidence in Litigation
Another major takeaway from the episode is the role of dash cams in providing crucial evidence during litigation. Lovin emphasized that dash cams can exonerate drivers in many cases, thereby reducing legal fees and the risk of litigation.
"70% of accidents are not caused by truck drivers. So, sending that video immediately just negates that insurance claim and it's like case over." - Josh Lovan
Lovan highlighted that 70% of accidents involving commercial motor vehicles (CMVs) are not the fault of the truck driver. In such cases, having video evidence can be a game-changer. The episode cited a statistic that driver-facing dash cam footage helped exonerate commercial truck drivers in 49% of litigation cases and 52% of insurance claims where video footage was available.
This not only saves time and money but also protects the reputation of drivers and the company. The ability to quickly and effectively resolve disputes without going to court is a significant advantage, making dash cams an invaluable tool for any fleet.
3. Dash Cams Enhance Driver Training and Performance
The third key takeaway is the role of dash cams in enhancing driver training and performance. Lovan discussed how dash cams can be used as a coaching tool to improve driver behavior and create a culture of safety within the organization.
"The purpose of dash cameras is to make good drivers great." - Josh Lovan
Lovan explained that dash cams provide actionable data that can be used to coach drivers on specific behaviors, such as speeding, following distance, and hard braking. This data-driven approach allows for targeted training that can significantly improve driver performance over time.
Moreover, Lovan stressed the importance of using dash cams to recognize and reward good driving behavior. By celebrating positive actions and providing constructive feedback, companies can foster a culture of safety and appreciation. This not only improves driver morale but also contributes to overall safety and efficiency.
The episode also touched on the importance of transparency and communication when implementing dash cams. Lovan shared his experience of conducting a whirlwind tour of distribution centers to explain the benefits and address concerns, which helped in gaining driver buy-in.
Conclusion
The Trucking for Millennials podcast episode featuring Josh Lovan offers valuable insights into the transformative impact of dash cams on the trucking industry. From reducing accidents and insurance claims to providing crucial evidence in litigation and enhancing driver training, the benefits are clear. As Lovan aptly put it, the purpose of dash cams is to make good drivers great, and the data supports this claim. For any carrier looking to improve safety, reduce costs, and enhance driver performance, dash cams are an investment worth considering.