What Are the Key Differences Between AIG and Founder Shield Hired and Non-Owned Auto Insurance?
Who the offering is designed to reach
AIG identifies HNOA as a component of its Manufactured Housing Program, naming manufactured-home communities, certain RV parks and dealers. Founder Shield targets businesses with salespeople, delivery drivers, volunteers or other staff using personal or rented cars, including small firms without a fleet. For buyers outside AIG’s named market, Founder Shield’s broker description addresses a wider set of work-driving exposures, subject to carrier underwriting. [1] [4]
Liability versus vehicle damage
Founder Shield describes liability for third-party bodily injury, property damage and defense costs when an employee’s personal policy denies or limits a business-use claim. It also says the coverage does not repair the hired or non-owned vehicle itself. AIG’s directory confirms the line within its program but does not describe covered damages or exclusions, so obtain its form before comparing scope. [4] [4] [1]
Broker placement and carrier identity
Founder Shield places coverage with outside carriers and says carrier selection depends on industry; it does not name the insurer until placement. AIG’s record describes program administrator and underwriting resources, but not the insurer for a specific HNOA placement. Ask both who issues the policy, which drivers and vehicle uses are listed, and where to report a claim. [3] [5] [1]
What Should You Confirm in AIG and Founder Shield Hired and Non-Owned Auto Insurance Quotes?
- Does your business fit AIG’s manufactured-housing audience, and which HNOA terms are shown on the policy?
- Which carrier will Founder Shield place, and does its form exclude physical damage, owned autos or driver injuries?