Most of our manufactured home community and retail center operators don’t own a corporate vehicle or drive their own vehicles as a revenue generating part of their business. Nevertheless, most still have some auto liability risk. Examples include owners or employees using their own vehicles to go to the bank, pick-up supplies, take customers to see property, etc. Any accident involving either a company owned vehicle or a vehicle owned by another while being used on a company-related task will result in your company’s involvement in any resulting accidents.
You can manage this risk by doing the following things: First, limit who can drive on company business. You don’t want every Lloyd and Harry driving all over town under your corporate banner. People love to sue business owners. Second, make sure you have either a corporate auto insurance policy or hired/non-owned auto liability coverage on your general liability insurance policy.