Personal Hired Auto Insurance. Hired auto coverage does not protect vehicles you lease, hire, rent or borrow from any of your employees, partners (if you are a. Most commercial auto policies contain the same definition of hired autos found in the standard iso auto policy.
It’s also critical for those who have employees that use their personal vehicles for. Personal vehicles of your employees that are. This is because commercial car insurance may provide more.
In general, commercial auto insurance premiums are more expensive than personal auto insurance premiums.
The former gets handled by personal auto insurance while the latter receives coverage from a commercial auto policy. Hired auto coverage does not protect vehicles you lease, hire, rent or borrow from any of your employees, partners (if you are a. Personal vehicles of your employees that are. This term is defined as any autos you lease, hire, rent or borrow.