Sometimes companies take on special jobs that require external vehicles to be carried out. This policy ensures that you don’t have to cover the cost of repairs if the vehicle is involved in an accident that causes damages.
Hired auto coverage also ensures that the organization doesn’t have to cover the cost of treatment when a third party is injured in the accident. This policy will cover the cost of treatment as well as rehabilitation costs if it gets to that.
Apart from damages to vehicles, Hired auto coverage also protects the policy holder from liability claims and cost of defense. It also covers the fees of the attorneys and other settlements which the policy owner has to make if the business is sued as a result of the accident. At times, these law suits can be expensive and result in a financial strain on the business. This is a policy that is important for all businesses that utilize hired vehicles in their activities.
Contact ESI to get the best hired auto insurance policy. We offer various kinds of insurance policies to ensure that you get the one that is best for you.