Like many companies out there, your staffing firm may unique insurance needs regarding automobiles. For example, you may utilize cars that are owned by employees for business purposes. In other cases you might own, lease, rent, hire, or borrow cars. Whatever your circumstances are you should make sure you have the right insurance coverage, such as hired non owned auto.
Why You Need Insurance
Using cars for business purposes is a common occurrence. What many people don’t think about is the inherent risks involved. Even if you only use cars sparingly it’s smart to have coverage on hand just in case an accident happens. Here are some common situations where you might need to use a car:
- You send your employee to grab lunch.
- You get a client picked up by a limo.
- You get a rental car on a business trip.
- Your employee goes to get office supplies.
Before you invest in coverage you might want to know what it entails. This policy protects your business when it is liable for damages related to an employee driving a rented or personal vehicle for the purpose of conducting business. Hired non owned auto insurance covers liability claims, defense costs, and actions taken by your staff.
You might also need auto insurance for vehicles that are owned by your business. Assess your needs and get the necessary plans to make sure you’re properly protected.