Which of the following would NOT qualify as a hired auto?

The classification of a "hired auto" in insurance terms typically refers to vehicles that are rented or leased by a business for business purposes. This includes vehicles that are rented, leased, or borrowed under certain conditions.

When it comes to the correct answer, borrowing an auto from an employee does not meet the criteria established for hired autos. This is because such vehicles are not engaged in a formal rental or lease agreement like a rental car or leased automobile would be. Instead, borrowing from an employee can imply a more informal arrangement and does not convey the same rights and responsibilities that come with commercially rented vehicles.

In contrast, both rental cars and leased automobiles are explicitly defined as hired autos because they are utilized under formal agreements that specify the terms of use and Liability coverage. A vehicle used for business purposes can qualify as a hired auto if it is rented or leased; however, if it is owned by the business, it would not be categorized as such. Therefore, borrowing an auto from an employee stands out as not fitting the definition of a hired auto.