Hired Auto coverage provides Liability insurance for vehicles you lease, hire, rent, or borrow to use in connection with your business. Hired auto coverage example. You ve taken on a special job that requires you to rent a commercial van from a local company. While driving the van on the job, you accidentally rear end a car .Term used “hired autos” in the Insurance Services Office, Inc. ISO , business auto, garage, and motor carrier coverage forms to denote a particular type of auto included as a covered auto under the policy. With certain exceptions, the term refers to autos the named insured .Company. Without non owned and hired automobile liability coverage you may be vulnerable to a potentially costly exposure. Non owned and hired automobile liability insurance covers bodily injury and property damage caused by a vehicle you hire including rented or borrowed vehicles or caused by non owned vehicles .
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