1. What type of coverage does Drive Other Car PD provide?
Drive Other Car PD Coverage Explained
Drive other car (PD) coverage is a type of policy endorsement added to commercial automobile insurance policies to provide a certain level of protection to an employee who must use his/her own automobile while on the job.
What is Drive Other Car PD Coverage?
Drive other car PD coverage is additional coverage that a company can offer its employees when they are required to use their private automobiles for work-related purposes. This additional protection covers bodily injury liability, property damage liability, medical payments, and uninsured/underinsured motorist coverage if there is an accident while the employee is driving their own car.
Why Do Employers Offer Drive Other Car PD Coverage?
Employers usually offer this type of coverage because it is cheaper than a business auto policy. This type of endorsement is also beneficial for employers because it protects the employee in the event of an accident. By offering this type of coverage, employers are helping to protect the safety of their employees and reduce the risks and liabilities associated with using a personal vehicle for company business.
What Does Drive Other Car PD Coverage Include?
Drive other car PD coverage usually includes the following protection:
- Bodily Injury Liability: This coverage protects the insured if they are found at fault in an accident and someone else is injured. It provides coverage for legal expenses, medical bills, and lost wages.
- Property Damage Liability: This coverage pays for any damages that the insured causes to another person’s property, including both real and personal property such as a fence, building, or car.
- Medical Payments: This coverage pays for any medical expenses that the insured incurs as a result of an accident, regardless of fault.
- Uninsured/Underinsured Motorist Coverage: This coverage protects the insured if they are involved in an accident with a driver who does not have adequate insurance or any insurance at all.
Drive other car PD coverage is a great option for companies to offer their employees. It is cost-effective and can help to reduce the risks and liabilities associated with using a private automobile for company business.