Getting into an accident in a company car is never a good experience. When this happens, your first concern should be your safety and the safety of others. However, once you have made sure that everyone is safe, one of your next concerns will likely be whether or not you are held liable for the damages. Below is some information to help you understand what happens after these accidents.
If you are in an accident in a company car and the accident was your fault, you may or may not be held personally liable. If you are performing duties within the scope of your job, your employer may be held responsible through the principle of vicarious liability. Your employer may also be held responsible for the accident if the employer’s negligence contributed to the accident in any way. In these cases, your employer and/or the employer’s commercial insurance provider may pay the claims. However, if you were using the vehicle inappropriately or unsafely, you may be responsible for any damages you cause in an accident. You may also be responsible for any accidents you cause while using a company vehicle for personal reasons, depending on the terms of your contract with the employer. In such cases, commercial insurance policies may not cover any claims that result.
In cases where your employer didn’t purchase commercial car insurance, either you or your employer can be held personally responsible for any damages caused during the accident, depending on the specifics of the situation. In either case, this can be very expensive for the party responsible. For this reason, every employer should purchase commercial vehicle insurance to protect themselves and their employees.
If you are involved in an accident in company car and your employer has protected the vehicle with commercial auto insurance, the commercial auto insurance provider will usually pay any valid claims related to the accident, as long as you were using the vehicle appropriately at the time of the accident. In most cases, your employer will deal with the insurance company after a car accident. However, you may be asked to answer questions or provide other evidence to the insurance company for the purposes of processing the claim.
If you own a company that operates vehicles for business purposes, having a commercial auto insurance policy is essential. It may also be required by law. A commercial auto insurance policy protects your company from liability when your employees cause auto accidents. A variety of different commercial auto insurance policies exist to meet your needs, so it is important to compare your options carefully before you make a selection.
To get the best deal on a commercial auto insurance policy, you need to consult an experienced insurance agent. A qualified agent will be able to help you determine what type of policy you need and compare commercial auto insurance quotes so you can save money. Please contact Zuma today to get started.