Are you considering a job that requires you to drive a company vehicle? If so, there are several things you should know before getting behind the wheel. Driving a company vehicle can be a great perk, but it also comes with risks and responsibilities. Here to help you to make your decisions and prepare for a possible new position is what you need to drive a company vehicle.
What You Need in Order to Drive a Company Vehicle
If you are planning to drive any company vehicle, you will need to have the appropriate insurance coverage. This can include collision insurance, comprehensive insurance, and liability insurance. The specific type of insurance that you need will also depend on the requirements of your employer and the type of vehicle that you are driving.
Qualifications for Using a Company Vehicle
Employees may need to meet certain specific qualifications to drive a company vehicle. Obviously, qualifying employees should have a valid driver’s license issued in the state of residence for the class of the vehicle being driven and must also be able to properly drive the vehicle. Getting a driver’s license is generally considered a personal expense. Additionally, employees must have proof of insurance and a clean driving record. Some companies may also require candidates to complete training courses prior to being permitted to drive a company car.
Company Vehicle Policies
Some businesses may also have policies that include guidelines for reporting vehicular damage or accidents, restrictions on personal use of the vehicle, and requirements for regular maintenance. Companies may even have policies concerning who’s authorized to drive company vehicles and under what circumstances.
What Else to Know When Driving the Company Car
In addition to having the correct insurance coverage and understanding the qualifications needed to drive a company car, there are other things that you should know. For example, you should be aware of any safety guidelines that your employer has in place for driving the vehicle. You should also be familiar with the maintenance requirements for the vehicle and be ready to keep it in good condition.
The Potential Pros and Cons of Driving a Company Vehicle
Driving a company car has its pros and cons. After all, while it can be a great benefit that saves you money on transportation, it also comes with risks and responsibilities you should know about before choosing to do so. Here are some potential pros and cons of driving a company vehicle:
*You don’t have to use your personal vehicle for work-related travel.
*You may save money on your transportation costs.
*You may be able to take advantage of tax deductions for business use of your vehicle.
*You may be able to use the company car for personal use, depending on your employer’s policies.
*You may be able to take advantage of maintenance and repair services provided by your employer.
*You may be responsible for maintaining the vehicle.
*You may be responsible for paying for gas and other expenses.
*You may be held liable if you get into an accident while driving the company car.
*You may be required to keep a detailed record of your mileage and expenses.
*You may be required to report any accidents or damage to the vehicle immediately.
Driving a company car can be a great opportunity that comes with many benefits. However, it is important to understand the risks and responsibilities involved before getting behind the wheel. By following the guidelines presented here, you can be sure that you are prepared to drive a company vehicle safely and responsibly.
Written by Taylor McKnight, Author for Freight Finder
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Image under license from Adobe Stock Photos.