Small business owners often find themselves in situations where they or their employees drive vehicles not owned by the company. Whether renting a car for a business trip or an employee using their personal vehicle for company errands, these scenarios are common. Hired and non-owned auto (HNOA) insurance can help provide appropriate coverage. Contact Lupton & Luce in Riverhead, New York, to learn more about this essential coverage.
What is Hired & Non-Owned Auto Insurance?
HNOA Insurance is a liability coverage designed to help protect your business if you or an employee are found liable for an accident while driving a rented, leased or personal vehicle for business purposes. It can help fill the gap left by traditional commercial auto insurance, which covers company-owned vehicles.
Who Needs HNOA Insurance?
Many companies opt to carry HNOA insurance as a prudent risk management strategy.
Each business’s needs are unique, and the decision to carry HNOA insurance should be made in consultation with an insurance professional who understands the specific risks and requirements of the business.
Why Get HNOA Insurance With Lupton & Luce?
We provide customized coverage to fit your business needs and meet industry requirements.
Our experienced agents are dedicated to walking you through the process of getting appropriate business insurance coverage, ensuring you understand your options.
Small businesses must watch their bottom line, and we offer competitive pricing to suit your budget.
How Can HNOA Insurance Benefit Your Business?
There are numerous scenarios where HNOA coverage can help provide financial protection for your company, including the following:
- An employee using their car to deliver products to a client gets into an accident.
- You rent a vehicle for a business conference, and an accident occurs.
- An employee using a personal car to run a business errand causes property damage.
- Without HNOA Insurance, your business could face significant financial risk in all these scenarios.
At Lupton & Luce, we understand the unique needs of small businesses in Riverhead, New York. With hired and non-owned auto insurance, you can focus on growing your business without worrying about the unexpected liabilities of non-owned vehicles.
Contact us today to explore how we can support your small business with personalized insurance solutions. As your local insurance partner, Lupton & Luce is committed to safeguarding your business’s future.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.