When your employees use personal or rented vehicles for business purposes, your business could be held liable for accidents or damages. Standard commercial auto policies don’t cover vehicles your business doesn’t own, leaving you exposed to significant financial risks.
Hired and Non-Owned Auto Insurance bridges this gap by providing liability coverage for vehicles that are rented, leased, or owned by employees but used for business operations. It ensures your business is protected against claims involving bodily injury or property damage caused by such vehicles.
Hired Auto Coverage applies to vehicles your business rents, leases, or borrows for operations. This insurance protects your business from liability claims that arise during the use of these vehicles.
For example, if an employee rents a car to attend a business meeting and causes an accident, Hired Auto Coverage helps cover the resulting liability claims, including legal fees and settlement costs.
Non-Owned Auto Coverage applies to vehicles owned by employees or other individuals but used for business purposes. This coverage is critical when employees use their personal vehicles to make deliveries, attend client meetings, or run errands for your business.
In such cases, if the employee is involved in an accident, this policy protects your business from liability, even if the employee’s personal auto insurance is insufficient or non-existent.
GET A QUOTEProvides financial protection if a rented or employee-owned vehicle causes bodily injury or property damage during business use.
Covers liabilities that may not be addressed by an employee’s personal auto policy or a rental agreement.
Helps shield your business from lawsuits and financial losses resulting from accidents involving vehicles not owned by your company.
Many business contracts or client agreements mandate liability coverage for non-owned or hired vehicles. This policy ensures you meet those requirements.
Covers medical expenses, legal fees, and settlements for injuries caused to third parties in an accident.
Pays for repairs or replacement of damaged third-party property, such as vehicles, fences, or structures.
Increases your liability limits to provide additional protection in the event of large claims.
Covers legal expenses incurred in defending your business against lawsuits stemming from accidents.
Don’t let vehicle-related liabilities disrupt your operations or compromise your financial stability. Hired and Non-Owned Auto Insurance provides the protection your business needs to stay secure and compliant.
Contact us today to learn more about our tailored Hired and Non-Owned Auto Insurance policies.
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