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I just heard today that this was possible , I am following up on it now and as soon as I get the facts I will let you know.

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Q: Is there a company that will just insure a drivers license that will allow one of drive multiple vehicles instead of insuring multiple vehicles that obviously the person can only drive one at a time?
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If a speeding citaton is given with company insurance info instead of personal whose insurance and record is affected?

When a speeding citation is given, it is given to the driver... not the owner of the vehicle nor the person (or company) who is insuring the vehicle. Therefore, the driver's insurance and driving record will reflect the charge. If this person was driving a company vehicle (and therefore insurance paid by the company) then the companies insurance policy COULD be affected but not always. The cost of corporate insurance policies that cover multiple vehicle and/or drivers are determined by many factors such as # of vehicles, types of vehicles, company claim history, # of drivers and ages there of. Most companies must report their drivers information to the insurance company which will then check the drivers records which will then allow the insurance company to 'rate that driver' and asses a cost for insuring that driver. Some companies will refuse employ drivers with too many moving violations... or not let them drive company vehicles. I hope the answered your question.


Should an insurance company charge extra for adding another vehicle?

Of course. They are insuring another vehicle. The second vehicle doubles the insurance company's exposure. The fact is that all [to my knowledge] insurance companies do require additional premium for additional vehicles, for the reason stated in the 2nd sentence in Answer 1. So I have agree with the first part of Answer 1, but I still feel it CAN BE a very unfair system. I have to disagree with the part about "doubling" the exposure. That condition would only be true IF there were two drivers using the vehicles simultaneously. A single driver, owning and insuring two vehicles, would NOT DOUBLE the exposure, since one cannot drive two vehicles simultaneously.


How do you know if you can be insured to drive a company vehicle?

If you are the owner/operator of your own company vehicle, you purchase auto insurance intended for business. If you're working for a company, they are required by law to either have fleet insurance (insuring large amounts of vehicles), or auto insurance intended for business use regardless of driver.


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