If you’re using the car for non-work purposes, sometimes called frolic, and get into an accident, it’s possible your company’s insurance won’t legally have to cover you. The same holds true if you don’t follow the company’s guidelines, such as if you drive under the influence and cause an accident. Another thing not covered is if you’re in an accident with a co- worker as a passenger and the co-worker gets injured. What do you do to make sure you’re covered? Well, if you own a personal car and have insurance on that, you’ll likely be covered in your company car, as well. I suggest getting an endorsement for an extended non-owned coverage for named individuals added to your personal policy. Keep in mind that this will cover liability and medical costs, but NOT damage to the company vehicle. However, some insurers don’t offer this option. If that’s your situation, you need to look into a named non-owner policy. It covers much of the same things, but, unfortunately, can be a lot more expensive. But it’s still going to be cheaper than having to pay out-of-pocket, so keep that in mind as a silver lining if you have to go this route.
Pro Tip: Protection Bonus
A named non-owner policy will also protect you if you have an accident while driving a friend or relative’s car, serving as secondary insurance if the car owner’s limits don’t cover everything. There’s also a possibility you can talk to your employer. They may be open to adding a broad-form drive other car endorsement that will cover you and your licensed family members while driving cars you borrow or rent. With this option, I suggest getting your own umbrella policy, too, just to be absolutely sure everything
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