For example, if you are a regular passenger in a company vehicle and you are not an employee of the company, you may need to sign a waiver in order to confirm that you understand that you are not covered under the company's auto insurance policy. This is because, in many cases, company auto insurance policies only provide coverage for employees of the company.
Additionally, if you are using a company vehicle for personal reasons, you may need to sign a waiver in order to confirm that you understand that your personal auto insurance policy will not provide coverage for any injuries or damages that you sustain while using the company vehicle.
It is important to note that the specific requirements and regulations regarding waivers for passengers in company vehicles can vary depending on the jurisdiction in which you live. Therefore, it is essential to consult with an insurance professional or legal advisor in your jurisdiction to determine whether or not you need to sign a waiver and what the specific requirements are for doing so.