Company Car Insurance

Seems like a lot of businesses are trying to save money these days. One option employers are adopting is to use the employees’ insurance as a stop-gap measure on their own liability.

For example, an employer might carry liability insurance but make employees use their own cars – and their own car insurance. That way, if employees get into an auto accident, the employee’s insurance cover kicks in, instead of the employer’s. But this is generally a bad idea.

Employers Risk Increased Liability

If your employee is using his own vehicle, instead of the company one, then you may find yourself on the nasty end of a lawsuit – or possibly fines.
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