As an experienced driving instructor you must be well aware that a standard vehicle insurance policy does not meet all of your professional needs. What about the risks that you may face? Is your vigorous enough to cover your business and yourself against all these risks? Let us take a second look at your insurance policy in order to understand if it will protect you against all risks.
Damage to your fleet/vehicle
An accident that causes a major damage to your vehicle is a major distress situation for anyone who drives a car, as this can be cause a huge obstacle. Having your vehicle off the road for a short duration not only affects your business, but also your financial situation. Hence, it is important to pick a policy that covers the full value of the car, or at least the repair costs.
Damage to another vehicle/ injury to the occupants of the vehicle
Even though you are an experienced and qualified driving instructor, it does not put you at less risk when it comes to damage caused to another vehicle or injury caused to the occupants of the vehicle by the individual who is driving your car to gain his/her driver’s license. A learner can put many things at risk – you, your vehicle, himself/herself, and other users on the road. Thus, it is important to make sure your driving school insurance policy covers this important point in order to safeguard your business.
If you are injured during your working hours or when you are not working (outside work), it can not only be expensive, but way too stressful as you will be out of work until recovery. Thus, it is important that you check if your driving school insurance will support you financially during this personal injury period.
Always take time to carefully read all the information mentioned in the insurance policy form before signing the same.