Automobile insurance is not compulsory in some countries like, South Africa. The Government has introduced a fuel tax to compensate injured in a traffic accident. If you are the responsible vehicle, the allowance is limited to 25 000 R. unlimited otherwise. Damage to vehicles are not supported in this system. Insurance companies may offer insurance liability, theft or fire damage in addition to any accident. Almost all business organizations use cars or other autos for their utilities. There must be at least a cab, whatever its condition may be. There are probabilities that these can end up with an accident, because accidents just dont happen on our fault,it can be of others on the road too. Some organizations rent vehicles and some own their own,but both have the same risk. There are also other problems like maintaining the accounts for gasoline used,repair cost,mileage which are not computed correctly. Most times they are not correct at all. There is a system to establish this auto allowance for proper accounting and the total expenses for a car, as well as for insurance purposes. Corporate Reimbursement Services or CRS Inc takes care of all these. it sets up a Car Allowance which includes all major expenses like reimbursable expenses, driver’s allowances and a lot more They can also take care that drivers are fit to drive a car and qualify them on some special tests.
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