A driver insurance proposal is a document which outlines the terms and conditions for insurance of a driver of a vehicle, who is not the owner of the vehicle. This proposal is mainly presented to people who rent cars and also pay for the insurance of the car and the driver or drivers who will be behind the wheels. Should there be an accident or incident where the driver is injured in the car, he will be entitled to get the insurance money even if he doesn’t own the car. The proposal must mention the amount to be paid for driver’s insurance and the term of the policy.
Sample Driver Insurance Proposal:
Name of agency: Marigold Insurance group
Address: 08 Hill Drive, San Francisco
Driver insurance proposal prepared on: November 30, 2011
Proposal prepared by: Mary Ann Jones
Agent, Marigold Insurance group
Proposal submitted on: December 9, 2011
Proposal name: Be Insured
Purpose: The purpose of the driver insurance proposal is to clearly lay down the guidelines which will insure the driver of a vehicle against any damages or accident.
Details of Driver Insurance Proposal:
- The proposal refers to the insurance of the driver of the vehicle number SF9274 from any damage due to accidents, vandalism or natural disasters.
- The policy term is effective from December 10, 2011, to January 11, 2012. If the client desires to continue driving the car, he can extend the policy term.
- The one-time premium to be paid by the client for insurance of the driver is $500