Broad Form Auto Insurance | Insure Your License
What is Insurance on Your License?
At Yakima Valley Insurance, we have a broad offering of auto insurance. One unique offering we have is called “Broad Form Named Driver”. We have multiple insurance carriers who offer broad form insurance, so we can shop for you to find the best deal. Broad Form Named Driver is also commonly referred to as “Insuring Your License” or “Insurance on Your License”. This is because you don’t have to list specific autos on this type of policy. A “Broad Form Named Driver” policy will cover liability for the listed, named driver in any owned or non-owned private passenger auto used for personal use. This means if you don’t own an auto, or you own several autos, it will not affect the price you pay.
Some common exclusions and important things to consider when purchasing “Broad Form Named Driver” Insurance include;
1. Business Use – Typically most business use will not be covered on this type of insurance.
2. Commercial Vehicles – Coverage only applies to private passenger autos, most commercial style vehicles will not be covered.
3. Permissive use – If you loan out your owned vehicle, no coverage will extend to other operators not listed on the Declaration Page.
Is “Broad Form Named Driver” right for you? Click “Start Quote” to get a Broad Form Quote NOW!
Broad Form Car Insurance: FAQ
Common questions about Broad Form Named Driver coverage, answered by our local agents.
What is Broad Form Car Insurance?
Broad Form Car Insurance, also called “Broad Form Named Driver” coverage or “insurance on your license,” insures a specific person rather than a specific vehicle. Instead of listing a car on the policy, it lists a named driver, who is then covered while driving any owned or non-owned private passenger vehicle used for personal purposes.
What does Broad Form Insurance cover?
A Broad Form Named Driver policy covers the named driver in any owned or non-owned private passenger auto used for personal use. It generally does not cover business use or commercial vehicles, and it does not extend coverage to other people who drive the named driver’s vehicle — there’s no permissive-use coverage under this type of policy.
Is Broad Form Car Insurance good?
It can be a great fit — for the right situation. Broad Form works well for drivers who don’t own a vehicle, who regularly drive several different vehicles, or who want a rate that stays the same no matter how many cars they own. It’s less suitable if other people in your household also need to be covered while driving the same car, since Broad Form doesn’t cover permissive use.
Is Broad Form Insurance right for me?
Broad Form tends to be a good match if you:
• Don’t own a car but still need proof of insurance, such as for an SR-22
• Regularly borrow, rent, or drive vehicles not titled in your name
• Own multiple vehicles and want one predictable rate instead of insuring each one separately
It’s usually not the right fit if you need to cover other household members driving your car, or if the vehicle is used for business or commercial purposes. Our agents can review your specific situation and let you know whether Broad Form makes sense for you.
What companies offer Broad Form Insurance?
Broad Form policies are written by a select group of carriers, not every insurance company. As an independent agency, Yakima Valley Insurance works with multiple carriers that offer Broad Form Named Driver policies, so we can shop your situation across several companies to find you competitive coverage. Contact us for current carrier options and a personalized quote.
Have more questions about Broad Form Insurance?
Talk with a local Yakima Valley Insurance agent to see if it’s the right fit for you.