What is Hired and Non Owned Auto Insurance?

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Hired and non-owned auto insurance is an insurance policy for a car that is not owned by the insured.

Hired and non-owned auto insurance policies are usually cheaper than regular car insurance policies. The reason behind this is that there is less risk involved in the event of an accident.

The policy covers the liability of damage to other cars or properties in case of an accident. It also includes injury coverage, which compensates victims who may have been injured in a crash.

Video by Dax Kastrin, Elemental Risk Management, Agency Principal.
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