A report by the US Bureau of Labor shows that 60% of accidents involving company cars occur during employees’ leisure time. In fact, only 40% of company car crashes are work-related, according to insurancebusinessmag.com. Auto accidents are stressful and can occur for varied reasons, from human mistakes to mechanical problems and bad weather. While many drivers know the key steps to take after a car crash, some are clueless about what to do when a collision involves a corporate vehicle. Here’s what you should do after an accident in the company car.
Determine Liability
Understand State Laws
Each state has unique laws that dictate the consequences of a road accident involving business vehicles. So make an effort to learn more about car accident laws in your state. Find out what the laws in your state say about using business vehicles and the limits of your company’s liability when you’re involved in an auto accident. Also, familiarize yourself with the basics of business auto insurance policy and the process followed for different scenarios involving business car damage. Doing so will help you decide if it’s wise to drive the company’s vehicle after work hours.
Understand Who Makes Decisions During Trial
A judge or the jury will determine if vicarious liability is applicable in your case if you go to trial. Ideally, vicarious liability applies if you were handling business errands when you collided with another car. In such instances, the company will carry liability for the accident. But before the judge makes a decision, they conduct a thorough investigation of car accidents. That way, they can get the facts right and give a fair judgment to all parties involved.
Road accidents involving business vehicles are complex and have long-term implications. So, learn about who takes responsibility and pays for damages. Also, understand state and local laws, who decides during the trial, and seek legal help.
