MLchartDataset catalogue

Hired automobile

Term · Insurance and risk management · MLC-T-INS-001727

A vehicle that an insured business leases, rents, or borrows from someone other than an employee or partner, for use in the business. Commercial auto policies often include specific coverage for hired autos, providing liability and physical damage protection. This coverage is distinct from owned autos and non-owned autos.

Table 1. Record
IdentifierMLC-T-INS-001727
FieldInsurance and risk management
SubjectCommercial Auto
Record as JSON 
{
  "id": "MLC-T-INS-001727",
  "term": "Hired automobile",
  "field": "Insurance and risk management",
  "definition": "A vehicle that an insured business leases, rents, or borrows from someone other than an employee or partner, for use in the business. Commercial auto policies often include specific coverage for hired autos, providing liability and physical damage protection. This coverage is distinct from owned autos and non-owned autos.",
  "subject": "Commercial Auto",
  "url": "https://mlchart.com/terminology/insurance/hired-automobile/"
}

Record 1,654 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.