By Ezra Ivy
When you’re thinking about getting driving instructor insurance, you need to make sure you have all of the information that you need. You need to know the price and what it covers. But most important, you need to know what the different types of coverage are and why it’s more expensive than some other insurance products out there. Here’s a look at the five main types of coverage and why they cost more.
The price – Because driving instructor insurance comes in two different packages, they are both going to cost more. What factors affect the price -?
Type of policy – Different types of policy allow for different discounts. Standard car insurance may not cover driving instructors. A specialty policy may be required. Some policies also have additional requirements, such as being a certified driver or having a good driving instructor rating. How can lower rates apply to instructors – Potential driving instructors can get lower rates on a specialized policy. However, standard car insurance will still usually cost more because of the specialized nature of the policy.
Liability coverage – Most standard car insurance policies don’t cover drivers involved in an accident with a driving instructor. This can include instructors teaching students how to drive, providing driving guidance and acting as a guide for others who might be driving while under the influence of alcohol. There are special policies that do cover drivers involved in incidents involving driving instructors.
Liability policies are based on the type of activity or incident that occurs and will vary in price. Typically, the higher the number of incidents or the cost of the incident, the higher the premiums for the policy. While liability policies won’t cover instructors, there are several types of “contingent” policies that will cover drivers and instructors alike in accidents involving driving instructors. The costs for these policies are usually quite low, but are still relatively expensive compared to other types of insurance premiums.
Many people think that insurance policies for driving instructors only cover drivers, but this isn’t necessarily true. A policy can also cover passengers in a vehicle that is being driven by a student. These policies, which often have higher premiums than the standard driving instructor insurance policies, usually cover drivers or passengers in the event of an accident with a driving instructor. In the case of people who teach drivers, it’s best to have both types of coverage so that you’re assured that you’re covered in the event of an accident involving a driving instructor or student.
