Driving School Insurance
Driving School Business? Driving School Insurance is a Must
Driving Instructor Insurance
You are planning to start a new business-A driving school. For a thriving driving school business, driving insurance is a must.
Driving school insurance is aimed at the instructor who would have to reel under the stress of minor accidents all the time. Driving instructor insurance adds value and saves money in the long run.
How? Some insurance companies also offer no-claim bonuses, and cover the instructor in a pupil’s car at the time of the accident.
One day test cover insurance comes in handy during mock tests or drive, or on lesson days. They are very important and instructors usually go for 1 day test cover during test drives. One day test cover insurance also works well for a new car, temporary or hired vehicle.
The precautions while going for driving school insurance include:
- Check out the premium costs. Higher premiums can eat into the profit of the company.
- Do a lot of research on the different companies offering insurance. Check their websites.
- Talk to other driving school instructors
- See if there is complete cover for loss of the vehicle
- Check to see if the insurance covers non-fault accidents (accidents that happen through no fault of the instructor. This was introduced to prevent insurance companies evade paying the insurance cover when the vehicle is relatively undamaged, though the instructor is).
Some of the insurance companies also calculate the insurance premium individually for the instructors. Inform the insurance company of any previous accidents or claims. As only registered drivers are admitted in the health insurance, get yourself registered before you apply for driving instructor insurance.
Article Source: http://EzineArticles.com/?expert=Rakesh_Gaikwad
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