When it comes to auto insurance, it can be tempting to choose the lowest coverage option available in order to save money on premiums. However, choosing state minimum coverage for your auto insurance may not always be the best idea.
As a business owner, it's important to ensure that you have the necessary insurance coverage to protect your business in the event of an accident or loss. One type of coverage that is often overlooked, but can be crucial in certain situations, is hired/nonowned auto coverage.
When employees use their personal vehicle instead of a company owned vehicle, even if your business doesn't own any vehicles, may seem like its just simple common sense.