whose only vehicle is a company-provided car or truck may mistakenly
believe that the company's insurance gives them adequate protection.
This can be especially true of company principals/executives.
the company may maintain adequate insurance and limits, there may
also be formal restrictions on the use of company vehicles by other
than the assigned employee. Such restrictions generally void insurance
for anyone not authorized to drive the vehicle.
addition, the use by an employee, principal or executive of any
other (non-owned or rented) vehicle solely for personal use would
not generally be insured by the business policy. With a willing
employer, insurance (including one's spouse) by endorsement is usually
available for this exposure, for additional premium.
those employees who also own and insure a personally-owned vehicle
in addition to their company car, this "Drive-other-Car"
insurance is usually included in the personal auto insurance policy
and no additional coverage would be needed. (Ask your personal insurance