Many commercial automobile policies provide Hired Automobile Liability coverage when a vehicle needs to be rented for business use. The coverage is for liability only and you would have to purchase physical damage from the rental company or have Hired Automobile Physical Damage added to your policy.
Safeguards:
* List both the employee's name and the company name on the rental agreement.
Example : John Doe/ABC Company
* Your company address should be on the rental agreement, not the employees
* Use your corporate credit card for the payment
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