First, your commercial auto policy
covers hired autos rented by the named insured, meaning the person or company listed in the declarations.
Number 7 is for specifically listed vehicles and number 9
covers hired autos only.
Not exact matches
We
cover a large range of countries throughout the world including: Car Rental Africa -
Auto Rental Alaska - Car Rental Australia -
Auto Rental Canada - Car Rental Ireland - Car Rental Italy -
Auto France - Car
Hire Germany...
The vehicles
covered by a business
auto insurance policy are ones that are owned,
hired, leased or borrowed by a business and designed to be driven on public roads.
Hired auto physical damage with loss of use coverage
Covers comprehensive and collision damage to a leased or rented vehicle, as well as any other contractual obligations to the leasing or rental company
The good news is that you wouldn't need a separate personal
auto policy since a for -
hire livery policy can
cover you for both business and personal use.
They are not
covered while driving
autos you
hire.
That is, a
hired auto will not be
covered under comprehensive or collision unless all company - owned
autos are insured for that coverage.
(Borrowed vehicles are
covered as
hired autos.)
That is, employees are
covered while driving vehicles you own or
hire as long as you have purchased liability coverage for
autos you own or
hire.
Likewise, if symbols 8 and 9 (
hired and non-owned
autos) are shown, you are
covered for claims arising from any
auto you
hire, as well as any
auto you don't own.
Because Busy Builders has purchased physical damage coverage for
hired autos, Busy's
auto policy also
covers Loss of Use.
Your employees are insureds while driving
autos you own,
hire or borrow if such vehicles are
covered autos.
If symbol 1 (any
auto) or symbols 8 and 9 (
hired and non-owned
autos, respectively) appear next to liability coverage,
hired and non-owned
autos are
covered.
How can you tell whether your policy
covers hired and non-owned
autos?
Hired and non-owned
auto liability coverage
covers property damage and bodily injury caused by a vehicle you
hire (including borrowed and rented) or non-owned
auto (vehicles owned by others including partners and employees).
Commercial
auto vs.
hired and non-owned
auto insurance - learn which policy
covers what and if you need one or both for your business.
For example, suppose that you purchase a commercial
auto policy that
covers only
hired and non-owned
autos.
For instance, most policies extend
auto liability coverage to permissive users of
covered autos that are owned or
hired by the named insured.
Your personal
auto insurance coverage may be denied when you drive for
hire, but with Geico's hybrid policy you'll be
covered for personal use, ridesharing, and other on - demand services.