According to a recent report from the Insurance Information Institute, jury verdicts for vehicle liability cases have reached an average of $316,000, far above the liability and uninsured motorist limits most small businesses carry on their automobiles. Does your staff use their own vehicles while on company business or errands? Did you know that their insurance will not protect or defend you or your business if you are also sued? Even if no vehicles are owned or titled in the name of your business, automobile coverage for the business should be purchased.
