Do You Need Commercial Vehicle Coverage?
Regardless of what business you own, there are typically situations where employees use their personal vehicles for business needs. There may also be times when you use rentals or leased vehicles for sales teams, visiting representatives or business travels. When these instances occur, having hired non owned auto insurance is the best way to manage concerns with exposure and liability.
Comparing Types of Coverage
When you carry a commercial auto insurance policy, coverage usually applies to incidents involving work-owned vehicles for work-related business. A special policy is needed to cover liabilities for the use of personal or non-owned vehicles used for work purposes.
Things That Might be Covered
Many of the gaps in commercial policy coverage can be filled by a hired non owned auto insurance policies. This coverage goes into effect if an accident involved the following:
Employees out picking up office materials and supplies
Chauffeured or limo transportation for clients
Employees using rental vehicles for business-related travels and conferences
Staff who pick up the office lunch order in their personal vehicle
Adding a hired non owned auto policy addition to your insurance package is one way to extend your commercial auto policy. This works to eliminate liability from employee vehicles and accident claims.