What exactly is Hired and Non-Owned Auto?
Hired Auto is an insurance line that provides liability coverage for when you or an employee is driving a rented, hired, or borrowed vehicle for your business. Non-Owned Auto is an insurance line that provides liability coverage for when an employee has to drive their own personal vehicle for business purposes; a car that your business does not own or has not rented, hired, or borrowed. Any business that makes use of rental, hired, borrowed, or any employee’s own personal vehicle needs to purchase hired and/or non-owned auto insurance coverage. It may be difficult to get enough coverage for these types of vehicles in a regular commercial auto policy, since your company does not own them.
Related Questions
- The Dixie Softball policy has a $1,000,000 limit for Non-Owned/Hired Auto Liability. What is this coverage and why is it important?
- The Dixie Youth policy has a $1,000,000 limit for Non-Owned/Hired Auto Liability. What is this coverage and why is it important?
- What are Hired and Non-owned auto coverages?
