A staffing firm without hired non-owned auto insurance can be held liable for accidents involving firm employees that result in bodily injury, property damage, or legal fees. An appropriate policy suited to a company’s specific needs can protect the firm and its employees from these risks.
Non-Owned and Hired Commercial Automotive Policies
Standard commercial hired non owned auto insurance policies can cover employees operating either rented or their own vehicles for business purposes. Hired business auto insurance specifically protects employees driving rented or otherwise hired vehicles on behalf of the firm. Hired vehicles are not owned by the insured business, nor are vehicles belonging to employees. This type of policy can protect employers and employees from liability.
The Limits of Hired and Non-Owned Policies
Hired non owned auto insurance policies do not cover contingent or part-time workers, such as those placed by a staffing firm, while operating vehicles that belong to the firm or its clients. These protective policies are only intended for employees of the insured business. It may be necessary to obtain an endorsement on a broader commercial auto insurance policy in order to cover hired vehicles. This insurance can be well worth the expense in order to protect a staffing firm or other business from liability.