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I am looking for an example of a policy statement on the personal use of company vehicles

Patricia Montour's Profile

We have company cars for regional managers. I would like to establish a company policy statement and wondered if anyone had a statement that they would be willing to share. I understand that much of this is insurance and risk management driven, but appreciate the input of others.

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Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

Do you provide a W2 adjustment for the vehicle (see IRS pub 15-B) which can determine how you would write a policy.

A Google found that Farmer's Insurance has a sample policy on their website: http://www.farmers.com/pdf/Personal_Use_of_Company_Vehicles_Policy.pdf

Patricia Montour
Title: CPA, CGMA
Company: Private Company
(CPA, CGMA, Private Company) |

Thank you for the lead.

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