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Get Car Insurance for Driving a Company Car for Personal Use
Written by lifang   
April 16, 2008 10:49

If you are driving your company's car for personal use you must ensure that you have the right kind of insurance coverage. Most companies cover you if you drive the car for work purposes, but this may not be the case for personal use. Depending on the arrangement you have with your employer, you may have to take out a separate car insurance policy.

Assess the occasions and times when you will be using the company car for personal purposes. Ask your company if you are covered for all times and trips. If not, buy a separate insurance policy immediately.

 Inquire about the type of coverage your company provides you. The coverage may apply to your work time and hours on every weekday or the weekend. Every trip you make for personal use may be classified under a different category.

Call an insurance agent and get information about the type of policies and coverage offered. Usually a "drive-other-car" policy will fit your objective. Check on how many companies in your state provide such a policy.

Check to see if your company has purchased a garden-variety personal insurance to cover you. If so, you are already covered.

Check to see if your spouse or adult children can use this car and if they too are covered under the company's policy.

Check also for "non-owner's" insurance policies. This kind of coverage may also be good for you

Shop for the best quotes from multiple agents.

Choose a policy with the lowest premium. Liability insurance should suffice as you may be driving your company's car only occasionally.

 
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