- NEW!
by fasr20 on April 29th, 2009
When thinking of insurance on a vehicle you are driving always remember this: You insure the vehicle, not the driver. So my answer would be according to the coverage purchased on the specific auto. If your employer has purchased a collision policy that is a replacement cost policy for the vehicle, the insurance company should pay the amount needed to replace that specific vehicle after they take into account mileage, vehicle condition etc. (market value). There may be a deductible due according to the policy, however there shouldn't be any other fees involved.
by Ruh Roh on May 1st, 2009
Insurance covers the car, and your employer has the choice of how much coverage and who to add as an authorized driver.
If you were instructed to drive the car, whether or not your employer actually added you as an authorized driver, insurance is supposed to cover it. However you might be requiered to pay the deductible if it was your fault.
If you were not permitted or instructed to drive, then you could be held liable for the whole amount.
by 2old2dieyoung on April 29th, 2009
It depends on several things, especially if the insurance is full coverage or liability only. Also depends on the laws in that state, if the driver were breaking traffic laws, drunk, on drugs - legal or illegal, and if the car is up to date with registration and inspection.
How long should an accident claim take?
by Answerbag Staff on May 19th, 2011
| 1 person likes this
What Is the Average Car Insurance Rate for Teens?
by Answerbag Staff on July 30th, 2009
| 1 person likes this
In Delaware in a high school parking lot, your car door chips the paint of the car next to yours. Are you liable for the damage?
by Mykal_R on September 18th, 2011
| 1 person likes this
What kind of a jackass would drive drunk at 132MPH? http://to.ly/aIjH
by Piano Player on June 22nd, 2011
| 1 person likes this
Should people who have qualifications in engineering pay less car insurance?
by Ombliss22 on September 18th, 2011
| 3 people like this
You're reading If an insured driver is driving a vehicle owned by his employer and the vehicle is totalled in an accident caused by the driver, is the driver normally covered under his policy for the market value of the vehicle? Or would reimbursement be out of pocket?
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Comments