What is one strategy to manage uninsured loss?

Implementing safe driving practices is a proactive strategy that can significantly help in managing uninsured losses. By focusing on safe driving, businesses can reduce the likelihood of accidents that lead to damages not covered by insurance. This not only minimizes the risk of incurring financial losses due to vehicle repairs or replacements but also contributes to overall operational efficiency and safety.

Maintaining a culture of safety through training and regular assessments can lead to fewer incidents, thereby reducing the potential for uninsured losses. Safe driving practices may also help in keeping insurance premiums lower in the long run, further benefiting the financial health of the organization.

When considering the other options, while increasing pricing options, delaying vehicle replacements, and avoiding customer engagement may address cost concerns in various ways, they are not direct strategies for managing the risks associated with uninsured losses, making them less effective in this context.