Car Pooling – Are you at risk?

For many parents, car pooling the neighbourhood kids to school or sporting events is just another part of their every day routine. And why not! It helps to reduce costs, not to mention stress, and is great for the environment.

If you do car pool, it's important to know if your current insurance policy will protect you, and your precious cargo, should you get into an accident.

Having regular passengers in your vehicle, can increase the potential for injuries and liability, put plainly - lawsuits. And the financial losses could exceed your insurance coverage. So, you may want to consider increasing your liability coverage to account for additional passengers.

To give you an example, by moving your liability coverage from 1 million dollars to 2 million, often costs very little in additional premiums, but can protect you financially in case of an accident.

So, if you’re car pooling, or even plan to, there’s a benefit to calling your insurance company, they can tell you if there’s a potential gap in your current insurance coverage.