What is the definition of a hired auto?

Answer Answer I would think an auto that is 'hired' or used for a fee. Rental car, taxi, bus, limo, etc. Answer Hired auto is an optional endorsement that should be added to all commercial auto policies... Read More »

Top Q&A For: What is the definition of a hired auto

What is the definition of an antique auto?

The term "antique auto" generally applies to vehicles that are at least 25 years old, according to two national automobile organizations, the Antique Automobile Club of America (AACA) and the Class... Read More »

What is the definition of auto insurance?

Auto insurance is purchased by an automobile owner to cover financial losses that result from unfortunate events, such as car accidents, theft and storm damage. The six basic types of coverage are ... Read More »

Definition of Comprehensive Auto Insurance?

Although comprehensive insurance is almost never a required coverage, it is a very popular add-on. It can be very helpful in the event the vehicle is damaged by weather or vandalized.

Full Coverage Auto Insurance Definition?

Full coverage auto insurance consists of two main parts: liability and comprehensive/collision. All states require drivers to either carry minimum amounts of liability insurance or to prove they ar... Read More »