What is Hired and Non-Owned Auto Coverage?

Hired and Non-Owned Auto Coverage is a type of liability insurance that provides protection when someone is using a vehicle that they do not own. This type of insurance can be especially beneficial for businesses that do not own any vehicles but still need to use them for business purposes. Hired and Non-Owned Auto Coverage can provide protection for drivers who rent cars or borrow vehicles from friends and family for business purposes. It can also provide coverage for employees who use their own vehicles for business purposes.

Hired and Non-Owned Auto Coverage is designed to provide protection in the event of a liability claim that is made against the driver or the business. This type of coverage is usually required by law in some states, but it can also be purchased separately by businesses that need it. The coverage can be purchased separately or as part of a business’s general liability policy.

Hired and Non-Owned Auto Coverage typically provides coverage for bodily injury and property damage caused by an accident involving a vehicle that is not owned by the business. This type of coverage can also provide protection for legal fees and other costs associated with defending against a liability claim. The coverage can also provide protection for medical expenses and lost wages for individuals who are injured in an accident involving a vehicle that is not owned by the business.

What Does Hired and Non-Owned Auto Coverage Cover?

Hired and Non-Owned Auto Coverage typically provides coverage for bodily injury and property damage claims that are made against the driver or business. This type of coverage can also provide protection for legal fees and other costs associated with defending against a liability claim. The coverage can also provide protection for medical expenses and lost wages for individuals who are injured in an accident involving a vehicle that is not owned by the business.

Who Should Consider Purchasing Hired and Non-Owned Auto Coverage?

Hired and Non-Owned Auto Coverage can be a beneficial insurance coverage for businesses that do not own any vehicles, but still need to use them for business purposes. It can also provide coverage for employees who use their own vehicles for business purposes. This type of coverage can also provide protection for individuals who rent cars or borrow vehicles from friends and family for business purposes.

Hired and Non-Owned Auto Coverage is typically required by law in some states, but it can also be purchased separately by businesses that need it. The coverage can be purchased separately or as part of a business’s general liability policy. It is important to understand the specific coverage that is provided by this type of insurance and to make sure that the coverage is adequate for the type of business that is being operated.