Group insurance is becoming popular with many companies that are looking to insure their employees on the road, but want to save money. A group insurance policy is essentially an auto insurance agreement that covers multiple drivers under one contract.
By providing insurance to a large number of drivers at one time, insurance companies can cut their costs and lower the cost of premiums for their drivers. Although there are many advantages to signing your company up with a group insurance scheme, there are also a few down sides that you need to consider before signing any contracts.
The following article will look at both the positive and negative sides of group auto insurance policies. Think they’re for you? You might change your mind after reading this.
Group Insurance Rates: a Good Idea for You?
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