Babson carries liability and physical damage insurance for all vehicles owned, rented, or leased in the name of the College.
The Babson College Driver and Vehicle Use Policy states that people driving on behalf of the College must successfully complete the College’s driver authorization process. If a staff member, faculty member, or student is driving a College-owned, leased, or rented vehicle with permission and on behalf of the College, that person is an individually insured driver under the College's insurance policy. However, the insurance of the owner of a personal vehicle is the primary insurance when personally-owned vehicles are used for College business. The College's insurance does not cover physical damage to personally-owned vehicles.