Why get driving instructor insurance?
This type of insurance coverage is like personal car insurance that covers damage, injury, theft, and liability – the only difference is that the coverage is extended to your students as well. Any student in the car at the time will be covered even if the student is not named in the policy. Having a driving instructor insurance is also a big assurance to your clients. Learn more about Driving instructor insurance click here.
Why is it more expensive?
Driving instructors make the mistake of going for personal car insurance over specified driving instructor insurance because of the price difference. Driving instructor insurance is generally more expensive because of the high risks you are facing having inexperienced drivers on the wheel. In fact, some states are requiring their driving instructors to get this type of insurance. Paying premiums may seem to be such a huge burden but once you get into an accident, you will see that the coverage outweighs your monthly expenses.
Tips in choosing the best policy
Get quotes from different insurance providers to ensure that you get the best deal and coverage. Make sure that you read the fine print and that you understand everything. If there is anything you do not understand in the contract, do not be afraid to approach their agent or customer representative for clarifications. If you are running a driving school and have a number of driving instructors working under you, get a policy that will cover all your driving instructors and their students. Multiple policies will vary based on the size of your business and the number of employees you have.