Named nonowner policy or endorsement
Term · Insurance and risk management · MLC-T-INS-002266
An auto insurance policy or endorsement designed for individuals who drive cars they do not own and do not have access to other auto insurance. It provides liability coverage for the insured when driving non-owned vehicles, such as rental cars or borrowed vehicles. This coverage is often purchased by individuals who do not own a car but frequently drive.
| Identifier | MLC-T-INS-002266 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-002266",
"term": "Named nonowner policy or endorsement",
"field": "Insurance and risk management",
"definition": "An auto insurance policy or endorsement designed for individuals who drive cars they do not own and do not have access to other auto insurance. It provides liability coverage for the insured when driving non-owned vehicles, such as rental cars or borrowed vehicles. This coverage is often purchased by individuals who do not own a car but frequently drive.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/named-nonowner-policy-or-endorsement/"
}
Record 2,233 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.