Alternative Car Insurance

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Alternative car insurance is a broad form policy that covers your liability. Find out about alternative car insurance with help from an independent insurance agent and small business owner in this free video clip.

Part of the Video Series: Auto Insurance
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Video Transcript

This is Melissa Morley with All Seasons Insurance. Today, we're talking about alternative car insurance. Alternative car insurance is an important thing to know about if, say for example, you don't have a car but you still need to carry insurance. A broad form policy covers your liability. Liability is the damage that you can do to other people. Of course there's medical damage, if they need to go to the hospital or seek medical care if you've been involved in an accident which is your fault, and you've hurt somebody. The other thing that you need to cover would be fixing their car, repairing it back to where it is. A broad form policy will give you coverages on your liability, and with some companies, you can even get uninsured, under-insured motorist. What this policy will not cover are the physical damage on a car, because this policy covers you and not the car. So you wont have comp or collision, you wont have rental reimbursement, you wont have the ability for towing, even if you're using your broad form coverage to borrow somebody else's car to drive back and forth to work. So there are limits on this broad form coverage, but it's a really good coverage to have, especially if you don't have a car, and you still need insurance. Another alternative car insurance would be, what if you work for a company you take a bus back and forth to work, but you don't own a car. They will generally, in most companies, provide you to be on their insurance policy, where you're not the policy holder. You'll certainly be rated as a driver, and that's another form of alternative car coverage. This is Melissa Morley, with All Seasons Insurance. Today, we have talked about alternative car insurance.


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