Yes, an accident in a company car can affect your personal insurance if it shows up on your official driving record. Any serious accident you’re involved in will be noted on your official driving record, and your own insurance might also have to cover the damage, depending on why you were driving the company car.
Causing an accident while driving a company car for personal use will affect your insurance because you’ll be responsible for filing a claim for the damages, and your rate will probably go up. However, if you were carrying out a job-related function, your employer’s commercial liability insurance policy will cover damages through what’s called “vicarious liability,” and you won’t have to notify your personal auto insurance provider.
Even if you don’t file a claim with your insurance provider after an accident in a company car, your insurer may still find out about the accident. When an insurance company runs a check on your official driving record, it finds out about any accident you’ve been involved with that’s been reported to law enforcement or another insurance company, whether it’s your fault or not. Drivers who are in more accidents are considered riskier customers in the eyes of insurance providers, even if not all the accidents are their fault.
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