What is Non Owned Hired Auto Coverage?

Non Owned Hired Auto Coverage, also known as Hired Auto Liability Coverage, is a form of insurance coverage that offers protection for businesses and organizations in the event of a claim arising from an accident that is not owned, leased or rented by the insured. It provides protection for claims involving bodily injury and property damage caused by the operation of a non-owned vehicle. This type of coverage is typically included in a commercial auto insurance policy or can be purchased as a separate coverage.

Non Owned Hired Auto Coverage is important for businesses and organizations that use vehicles that are not owned, leased or rented by the insured. This type of coverage is typically used in situations where an employee or volunteer is driving a vehicle that is not owned by the business or organization, such as a rental car or a borrowed vehicle. Without this type of coverage, the business or organization could be held liable for any damages or injuries that are caused by the driver of the non-owned vehicle.

Non Owned Hired Auto Coverage is not required by law, but it is a smart decision for any business or organization that regularly uses vehicles that are not owned, leased or rented by them. This type of coverage provides protection in the event of an accident that is not owned, leased or rented by the insured, such as a rental car or a borrowed vehicle. It also provides coverage for any damages or injuries that are caused by the driver of the non-owned vehicle.

What Does Non Owned Hired Auto Coverage Cover?

Non Owned Hired Auto Coverage typically provides protection for claims involving bodily injury and property damage caused by the operation of a non-owned vehicle. This type of coverage includes liability coverage for bodily injury and property damage that is caused by the operation of a non-owned vehicle, as well as uninsured/underinsured motorist coverage. This type of coverage also typically includes medical payments coverage for any reasonable medical expenses that are incurred as a result of an accident involving a non-owned vehicle.

How Much Does Non Owned Hired Auto Coverage Cost?

The cost of Non Owned Hired Auto Coverage will vary depending on the type of coverage that is purchased and the amount of coverage that is purchased. Generally, the amount of coverage purchased will be determined by the size of the business or organization and the type of vehicles that are used. Additionally, the cost of this type of coverage is typically affected by the deductible that is chosen, as well as the amount of coverage that is purchased.

How Do I Purchase Non Owned Hired Auto Coverage?

Non Owned Hired Auto Coverage is typically purchased as part of a commercial auto insurance policy. This type of coverage can also be purchased as a separate coverage. It is important to work with an experienced insurance agent to ensure that the coverage that is purchased is adequate to provide the necessary protection for the business or organization. Additionally, it is important to compare quotes from different insurance companies in order to get the most competitive rate for this type of coverage.