Hired and Non-Owned Auto: The Exposure is Real

By Amanda Duncan, President, PartnerOne Environmental

It’s a regular occurrence for an environmental underwriter: we offer a quotation for a contractor/consultant and then get asked to throw in some Hired and Non-Owned Auto coverage because the insured had no owned vehicles, yet needs the coverage. The environmental package products are unique because Hired and Non-Owned coverage can be added via an endorsement to the General Liability coverage part. Many times it’s a last minute request, right as you are going to bind up the deal. So we say “yes,” add the endorsement, and we all move on. Until a claim comes in and wipes out the policy limit in the blink of an eye… Read the complete article on the PartnerOne Environmental website.