Setting up a driving school like any other business venture is a stressful and difficult job. Right from locating the right place for the office to getting vehicles of different types to well trained driving instructors, the task is well cut out and requires a great deal of planning and purpose.
One very important component of this business is safety and the ability to instill confidence about the safety measures taken in its customers as well as its employees. Besides regular safety drills and other measures, adequate insurance is something that this business requires without any compromise and the driving instructor insurance is one of the key elements. Having this insurance is mandatory not only from the driving instructor point of view but also from the view that it offers protection to the students who come to get trained.
This driving instructor insurance is a general one and is not specific to any particular student who may be accompanying the instructor. It would cover any student who happens to be with the instructor at the time of any mishap and would cover medical expenses, hospital bills and legal charges.
It is however important to ensure that you do not take along people not connected with your function as they would not be covered and you could end up even losing your current insurance policy.
This insurance is similar to the conventional car insurance excepting that it provides cover to the student or students who may also be seated in the vehicle. The insurance cost would be higher than usual due to the increased exposure of the insurance service provider to mishaps and while they do offer monthly packages, it is advisable to go for a yearly one as you can make some savings in the premium amount.
If you are on your own and use your own vehicle to give driving lessons, then your regular car insurance would not be enough. You need to take the right policy so that it covers all students using your car for learning how to drive. Though the policy is expensive, it will more than pay for it when you consider the perils of raw hands driving your vehicle and the risk of an accident always looming large. Similarly when you move from a one man show to a company employing driving instructors, you need to take a separate policy.
When selecting the driving instructor insurance service provider, you need to:
– Compare prices offered by different service providers
– Make sure that you understand the various terms and conditions properly so that you do end up paying extra charges hidden in fine print.
– It is also better to have any doubt clarified, irrespective of how silly it might be rather than not doing so and paying the price for it at a later date.
– Check with other driving schools to find out about their experience with their own insurance provider so that you can get valuable inputs.
– Speak to experts in the business so that you do not miss out on critical coverage factors essential to your business.
Quote Me Today offers different schemes and options available so you have the chance to invest in the Driving Instructor Insurance policy you need.