hired automobile
Term used ("hired autos") in the Insurance Services Office,
Inc. (ISO), business auto, garage, and motor carrier coverage forms
to denote a particular type of auto included as a covered auto under
the policy. With certain exceptions, the term refers to autos the
named insured leases, hires, rents, or borrows. As respects both
the business auto and the garage policy, the term does not include
any auto the named insured leases, hires, rents, or borrows from
any of its employees, partners, limited liability members, or members
of their households. As respects the motor carrier, the exception
applies as respects private passenger type autos only.
Links for IRMI Online Subscribers
Only:
CAI VIII.C,
IX.C,
X.C