I run a small specialty food distribution company in a major metropolitan market. (Minneapolis) We just hired a new on the street sales rep. I had intended to purchase a company vehicle for him to use.

He is an experienced sales person, and offered to use his newer vehicle instead.

How are other business re imbursing employee's for personal vehicle use. And what are the pros and cons.

We traditionally have supplied the vehicle. Do I need to worry about his car insurace, or do I offer to take his car into the company policy?