named nonowner coverage

named nonowner coverage definition - business

named nonowner coverage

Automobile insurance protection for individuals who do not own a vehicle. Coverage generally includes liability, collision, and comprehensive, and may also incorporate medical payments and uninsured motorist coverage. Named nonowner coverage may be of interest to individuals who do not own a vehicle but frequently rent vehicles or drive vehicles owned by their employers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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