Hired & Non-Owned
Auto Supplement
Policy Term From:
To:
This Supplement is a part of the Application and will be relied upon by the Company as an integral
part of the Application. Notify premium finance company of hired auto audit requirements.
HIRED AUTO COVERAGE
1. Number of autos (as defined in the policy) to be scheduled on the policy:
2. Gross Receipts: Past year $ Estimate for coming year $
3. Type of operation (give description of operation):
4. Type of Policy: Commercial Auto Trucker Public
5. Annual cost incurred for hired autos: $
Is the insured involved in any
arrangements for the borrowing or bartering for the use of autos? Yes No
If yes, explain:
6. Does any agent, independent contractor, or employee lease autos in the insured's name? Yes No
If yes, explain:
7. Does the insured utilize owner/operators, independent contractors, or subcontractors? Yes No
If yes, how many?
? Are they under permanent lease to the insured? Yes No
Are they shown as scheduled autos on your application? Yes No
If no, is their cost included in the estimated cost of hired autos in Question 5 above? Yes No
8. Types of autos hired:
What is gross vehicle weight of commercial autos?
What is passenger capacity of public autos?
9. What is the average term of lease?
10. Are the same autos leased or does it vary? Same Autos Varies
11. If the same, explain why the autos cannot be scheduled on the policy.
12. What percentage of the hired autos' revenue is paid to owners of the hired autos? %
13. Are drivers to be provided by the insured to operate hired autos? Yes No
If no, will the drivers be required to provide Certificates of Insurance? Yes No
What are the minimum liability limits required by the lessee (named insured)?
14. Will the insured be named as an additional insured on the lessor's policy? Yes No
15. Does the insured lease, hire, rent, or borrow any auto, other than a private passenger type
auto, owned or leased by the insured's employees, partners, or members of their household? Yes No
If yes, give details and how many.
M-5553 VA (12/2010) Hired & Non-Owned Auto Supplement Page 1 of 2