Tuesday, 22 March 2016
Non owned vehicle insurance includes a set of coverage's. A big part of these policies is liability insurance that is provided for cars and other automobiles that are used for commercial reasons or other business purposes and are not straightaway covered in your regular car insurance policy. It is always important that you cover the said vehicles in your commercial auto insurance plan as that will ensure that they are covered for liability. This is why a lot of people look for non owners car insurance policy on the internet. However, at times it may so happen that you are using cars for business reasons but they are not listed on your policy.
It is in such situations that these policies can be of much help. There are different kinds of non owned car insurance plans these days. The variety of policy that you avail will depend on the needs and requirements of your business. One such type is the employer’s non-ownership coverage. In these policies you get liability protection in cases your employees use their personal cars for business purposes. There are plenty of cheap non owner’s car insurance policies these days as well. A basic assumption in this case is that the said vehicle is not owned, contracted, or registered by the insured.
The hired auto coverage policies can be availed when you are driving a car that you have hired, rented, leased, or borrowed. These policies come in handy for the short term. You can also go for any auto coverage policies if you buy another car during the coverage period. It is essential that the liability levels are same as those of your insured cars. These policies can be availed in case of cars that you have hired and ones that you do not own as such.
In case of businesses where cars outside one’s commercial auto policy are used then it is better to go for the non owned car plans. It is always better to have some kind of these policies. For more information on senior car insurance policy and senior car insurance cover please look up baddrivingcarinsurance.com