Avoiding Gaps in Coverage for Hired Equipment
July 17, 2009 | By Navigator |
Non-Owned Auto Liability: This coverage extends the auto liability coverage to include non-owned vehicles being operated for the benefit of your company. Non-owned meaning that you have not hired it (rented or leased it). This often takes the form of an employee operating their own vehicle while running an errand for the business. For example: running to the bank, post office or office supply store
Hired Physical Damage: This coverage extends the physical damage coverage to include equipment you have rented, borrowed or short term leased (usually defined as less than 30-days.)
To learn more about these coverages or to request a quote, call us today at (800) 596-TRUCK (8782). All of us at the Navigator Truck Insurance Agency work hard at being accessible, helpful and result oriented.
Until next month,
Jeffery A. Moss