If one of the benefits that your employer offers is a company car, your employer protects the vehicle through commercial insurance. In this case, you do not need to worry about coverage when you are involved in an accident. However, some companies expect their workers to use personal cars when conducting the company’s business. Moreover, if you’re self-employed, you could end up using your car for both personal and business purposes.
This gray area between personal and business car use often raises multiple questions on car insurance. Does commercial insurance cover your car or do you need to rely on your personal auto insurance plan? If you run your own business, will the personal car policy offer the coverage you need or you will need a commercial policy? The answers to these queries depend on your situation and the insurance company you choose to work within Cullman, AL like Insurance Solutions Inc.
Company business and personal car
Large corporations often have commercial insurance policies that cover employees. If you drive your car while on business errands and you are involved in an accident, you may need to claim with your personal auto policy. However, it’s also possible for your employer’s insurance to pay. Make sure you verify the information with your insurer or employer to prepare adequately for the inevitable.
If the employer has covered you, ensure that you understand how the entire procedure will work in case of an accident. Make sure your employer informs you who you need to call when you get into an accident and always carry the insurance information in your car.
No matter which insurance company you contact after an accident, you must inform the insurance adjuster that you were on duty. Your insurer shouldn’t deny your claim, although they may need to recover the money from your employer’s insurer later.
For more insights on commercial and personal auto insurance, contact Insurance Solutions Inc. in Cullman, AL.