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ROYAL OAK UNDERWRITERS, INC. Excess and Surplus Lines Insurance Wholesalers Hired & Renowned Auto Supplement 8417 Patterson Avenue Richmond, Virginia 23229 Telephone: (804× 7417999 WATTS: (800×
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The hired and non-owned insurance policy provides coverage for vehicles that are rented, hired, or borrowed by a business.
Business owners or individuals who use vehicles for their business operations are required to file hired and non-owned insurance.
To fill out a hired and non-owned insurance policy, you need to provide information about the vehicles used for business purposes and the coverage required.
The purpose of hired and non-owned insurance is to protect businesses from liability risks associated with the use of vehicles that are not owned by the business.
Information such as the make and model of the vehicle, the driver's information, the coverage limits, and the duration of the policy must be reported on the hired and non-owned insurance.
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