Staffing Owned Auto Liability Insurance
The importance of maintaining appropriate insurance coverage particularly applies to staffing agencies and businesses using their services. This includes having proper Owned Auto Liability insurance – a Commercial Auto policy – if the firm owns one or a fleet of vehicles and if transport is offered using company-owned cars.
Commercial Auto insurance covers vehicles such as cars, trucks, vans and commercial use trailers. It offers the business protection against the financial impact resulting from:
- Damage or loss of business vehicles
- Damage the insured or its drivers cause to vehicles or property owned by others
- Injury or death of drivers
If the staffing firm has five or more commercial vehicles, insuring the vehicles under one fleet insurance policy can be less expensive than insuring each one individually. Fleet insurance provides the same coverage and offers some added flexibility in that company employees can drive any vehicle in the fleet, as long as each employee is licensed.
Our Owned Auto Liability policy covers the vehicles owned by the staffing firm for liability, property damage, medical payments, uninsured/underinsured motorists’ coverage, comprehensive and collision insurance.
Our Owned Auto Liability policy steps in to protect a staffing firm for legal actions alleging bodily injury and or property damage. For the insured’s contract employees (temporary placements), our occurrence-based policy specifically extends coverage to the insured for damage caused by the contract employee while on assignment (care, custody, and control). See actual policy for complete information.
- ACORD Form Application
- Details of transportation provided to employees
- Currently, Valued – 3 Years’ Carrier Loss Runs
- Copy of Employee Manual or Employee Handbook