Attorneys
When you purchase a car insurance policy, it covers you and any consent drivers that are not excluded from the policy. However, a normal car insurance policy does not cover any businesses that you operate and Uber, Grubhub, DoorDash, etc. is considered operating a business. So, if there is an accident while you are conducting business then chances are that your insurance company will deny coverage. What does it mean if your insurance company denies coverage?
- If you injure someone in a motor vehicle collision then you will have no insurance coverage, may lose your driver’s license for being uninsured and have a judgment entered against you for the injuries and property damage that you caused to the other person.
- If you allow your child, your friend, or someone else to operate your vehicle with your consent and they injure someone, then you will be liable for the damage caused by the consent driver.
- If there is an accident that does not involve another vehicle and your vehicle is damaged or totaled, even if you have collision coverage, you may be left holding the bill and paying for a loan on a vehicle that is no longer drivable.
- If you are driving and a driver with no insurance or not enough insurance causes you to be injured, then normally you would have UM/UIM insurance coverage. But if you are driving while operating your business this may also be denied leaving you with injuries and little, if any, compensation.
The above can all be avoided by purchasing the proper insurance that covers your business. You may find out that the insurance costs are too high and decide to no longer drive your vehicle as a business, or the money that you are making may far exceed the increase in your insurance premiums. The point is, that if you are running a business by driving your car, then you need to contact your insurance agent and/or insurance company to make sure you have the correct coverage in place to prevent something that could cost you tens of thousands of dollars.
