Practice Quiz

Home Inspection

Category - Business Operations

Start a Study Session Sign up for Question of the Day
Why do home inspectors require vehicle insurance that is separate from their personal car insurance?
  1. Most personal policies do not cover damages that occur when you use your car for business.
  2. Most business policies provide better coverage options than personal policies.
  3. It is an easier way to track costs associated with your home inspection business.
  4. It is just sound business practice to have more than one policy.
Explanation
Answer: A - Home inspectors require vehicle insurance that is separate from their personal car insurance because most personal policies do not cover damages that occur when you use your car for business. The only way to have your insurance company pay for the needed repairs is to have a policy that covers you during business activities. Home inspectors who are self-employed need this extra insurance protection.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz