Hired and Non-Owned Auto – ProAction Insurance

What is Hired & Non-Owned Auto Insurance?

Hired & Non-Owned Auto Insurance is a specialized insurance policy that provides liability protection when you or an employee is driving a rented, hired or borrowed vehicle while on a business trip.

It covers two main scenarios:

a) Hired Auto: While on a business trip Hired Auto Insurance would provide coverage for any accidents or damages that occur during the rental period.

b) Non-Owned Auto: This covers vehicles that are not owned by your business but are used for business purposes. For instance, if your employees use their personal vehicles to make deliveries, visiting patients, or attend off-site meetings on behalf of your medical practice, Non-Owned Auto Insurance would protect your business in case of accidents or damages.

If an employee has an accident under any of these situations, your business can be held accountable and sued for damages. Commercial Auto policies only cover employees while they operate company-owned vehicles to perform company business.

Who needs non-owned and hired automobile coverage?

If you or your employees ever drive vehicles not owned by your business for business purposes, then you need non-owned and hired automobile coverage.

Hired & Non-Owned Auto Insurance typically provides coverage for the following:

Bodily Injury Liability: This covers medical expenses, legal fees, and damages if someone is injured in an accident involving a hired or non-owned vehicle used for business purposes.
Property Damage Liability: This covers the cost of repairing or replacing property damaged in an accident involving a hired or non-owned vehicle used for business purposes.
Legal Defense Costs: Hired & Non-Owned Auto Insurance also covers legal defense costs if your business is sued due to an accident involving a hired or non-owned vehicle.

Conclusion

Hired & Non-Owned Auto Insurance is a crucial component of risk management for medical businesses. It provides coverage for accidents and damages involving vehicles that are not owned by your business but are used for business purposes. By understanding the coverage and reasons why businesses need this insurance, you can protect your medical practice from potential financial losses and liabilities. Ensure you consult with an insurance professional to determine the specific coverage needs for your medical business and find the right policy that suits your requirements.

Remember, safeguarding your medical business is not just about protecting your owned vehicles but also about mitigating risks associated with hired or non-owned vehicles. Stay proactive and secure the future of your medical practice with Hired & Non-Owned Auto Insurance.

Claims Assistance

Monitoring Specific Claims
Offered for accounts with challenging claims, as identified by the account executive, claims management specialist, or client. This service includes intervention in lawsuits and any claims where the insurance carrier fails to act promptly and responsibly.

Claims Reports
Provided upon request from the customer and/or account executive/s.

Claims Meeting
Schedule and facilitate upon request from the customer and/or account executive/s

“Protect your personal assets and mitigate financial risks with Hired and Non-owned Auto Insurance. Safeguard yourself against potential liability claims and secure peace of mind. Contact us today at (951) 898 9892 to discuss your insurance needs and get the coverage that suits your business and professional requirements.”