Hired Autos and Insurance Coverage
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Questions and Answers

What is considered a hired auto according to the BAP?

  • An auto used in the insured’s personal affairs
  • An auto owned by the insured’s business
  • An auto leased from an employee of the insured
  • An auto rented, leased, hired, or borrowed by the insured (correct)
  • What is the key difference between a hired auto and a non-owned auto?

  • The ownership of the vehicle (correct)
  • The duration of the vehicle’s use
  • The type of vehicle used
  • The purpose of the vehicle’s use
  • Why might a business without leased or rented vehicles still need hired auto coverage?

  • Because they may use a vehicle owned by a partner
  • Because they may rent a vehicle for personal use
  • Because they may borrow a vehicle from a friend (correct)
  • Because they may use a vehicle owned by an employee
  • What is an example of a non-owned auto?

    <p>An auto owned by the insured’s employee</p> Signup and view all the answers

    Who is exempt from the definition of a hired auto?

    <p>All of the above</p> Signup and view all the answers

    Why is it important to understand the distinction between hired and non-owned autos?

    <p>To determine the correct insurance coverage</p> Signup and view all the answers

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