Shane Lipson, MD and Certified Insurance Counselor from Mt. Franklin Insurance tackles an important topic: Hired & Non-Owned Auto (HNOA) Insurance. Even if your business doesn’t own any vehicles, you may still have automobile liability risks that could leave you exposed to costly lawsuits. In this video, Shane breaks down how HNOA coverage works and why every business—big or small—should consider it.
🔹 Key Topics Covered:
✅ What is Hired & Non-Owned Auto Insurance (HNOA)?
✅ How a simple task—like sending an employee on an errand—can put your business at risk.
✅ Why your business can still be sued even if an accident is caused by an employee’s personal car.
✅ The difference between hired auto (rental cars) and non-owned auto (employee-owned vehicles used for business).
✅ How affordable HNOA coverage can be compared to the catastrophic costs of not having it.
🔹 Who Should Watch This?
🔸 Business owners & entrepreneurs
🔸 Contractors & service-based businesses
🔸 HR & risk management professionals
🔸 Anyone responsible for business auto insurance decisions
🔹 Key Takeaways:
🔹 If an employee has an accident while running a business errand, your company can be held liable.
🔹 HNOA coverage ensures your business is protected from unexpected lawsuits & financial losses.
🔹 Even without company-owned vehicles, businesses still have auto-related risks.
🔹 HNOA is a cost-effective way to protect your business from major legal & financial issues.
💼 Why Choose Mt. Franklin Insurance?
At Mt. Franklin Insurance, we take a proactive approach to risk management. Our experienced team will review your insurance portfolio to ensure you have the right coverage—including Hired & Non-Owned Auto Insurance—so you’re never caught off guard.
📞 Contact Us Today!
👉 Click here to get a quote.
👉 Call us for a policy review: 915.599.2900
📺 Watch More in Our Playlist: “Talking Insurance with Shane”
🎥 Talking Insurance with Shane
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