What is NOT a qualifying example of a hired auto?

A hired auto refers to vehicles that are specifically rented or leased for business purposes. Qualifying examples typically include vehicles that are under a formal agreement for use in business functions.

When considering the examples provided, borrowing a vehicle—whether from a friend or an employee—does not typically meet the criteria of a hired auto. This is primarily because the vehicle is not being used under a formal rental or lease agreement. Instead, it's based on personal relationships and informal arrangements, making it less likely to be covered under typical hired auto provisions in insurance policies.

In this context, the option related to borrowing a vehicle from an employee stands out as not qualifying, as it implies using a personal vehicle without formal rental terms. In contrast, renting a vehicle specifically for business or leasing one under a contract demonstrates a legitimate, commercially recognized arrangement that would qualify as a hired auto.