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In a lot of businesses, the use of a company car is extremely necessary. But what most don’t know is that there is a huge exposure when employees take the company car to run errands or go on business trips.
Businesses with company vehicles need to make sure a “Hired Non-Owned Auto Endorsement” is added to their commercial auto policy. Additionally, business owners should make sure that those driving their vehicles should have an “Extended Non-Owned Auto Endorsement” on their personal auto policy.
If you are not sure your current commercial policy includes this key coverage, please contact us today to review your current insurance program.
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