Risk Management Considerations for Employee-Owned Vehicles Used for Business
Many organizations often allow employees to use personal (non-owned) vehicles for business without recognizing the risks involved. While this practice offers convenience and flexibility, it also introduces unique challenges, ranging from liability issues to gaps in insurance coverage. This risk exposure was once considered miscellaneous but has become a standard coverage requirement. An alternative practice is implementing a fleet program that permits employees to use only fleet-owned vehicles.
Risk Management Considerations for Employee-Owned Vehicles Used for Business
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