Common use of Additional Cost of Insurance Clause in Contracts

Additional Cost of Insurance. Upon written notice from the Company, employees who use personal cars on Company business are required to obtain, in the sole discretion of the Company, suitable coverage that allows business usage and covers the risks of use of the personal vehicle for Company business. Employees will be reimbursed for any additional cost of insurance caused by the business use of their vehicle. The Company and Union agree that the Company is authorized to monitor insurance coverage and any employee that uses a personal vehicle for Company business will, upon request, provide proof of insurance coverage to the Company. Proof of insurance coverage is required prior to any reimbursement. Failure to maintain suitable insurance coverage may lead to disciplinary action up to and including discharge.

Appears in 4 contracts

Samples: Labor Contract, Labor Contract, Labor Contract

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