Accident Frequency


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Accident Frequency

The number of times an accident occurs over a period of time. Accident frequency depends on the type of work an individual or company does, and the dangers inherent to certain actions. Accident frequency helps an insurance company determine the premium for accident insurance. Accident frequency in the workplace is likely to be higher if a company does not have or does not enforce safety standards.
References in periodicals archive ?
International researchers have thus suggested a variety of approaches to analyze the road traffic safety level as some procedures based on the valuation of the accident rates and accident frequency.
Our research helps to inform the debate about the social cost of rate regulation in terms of increased accident frequency and loss costs.
Improvement of actual safety level depends on accident frequency in the observed period (until 2010).
9 million in plant and machinery, saw its safety performance improve by 22 per cent, cutting its accident frequency rate (AFR) to 0.
Continuing an uninterrupted trend, accident frequency declined by 4 percent in 2008, compared with a decline of 2.
NORTH-EAST builder Rok, which has an office in Middlesbrough, is refusing to rest on its laurels after more than halving its accident frequency rate.
Since Target Zero was launched in 2004, our accident frequency rate has fallen dramatically, with the total number of accidents halved.
All the workers are taught extensively about safety before they begin the work - and it seems to have paid off, with an accident frequency rate of less than one for every million man hours worked with 70 million man hours worked so far.
Although individual claim costs are down for insurers, the savings are not being passed on because of the road accident frequency.
Overall, Hyatt's efforts are having an effect, with accident frequency down 11 percent and severity down 17 percent last year; the company expects both areas to drop another 15 to 20 percent this year.
The top three division winners were selected based on accident frequency only.
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