What type of vehicle is specifically excluded in named non-owner coverage?

Named non-owner coverage is designed to provide liability insurance for individuals who do not own a vehicle but drive occasionally. This type of coverage specifically excludes vehicles that are owned by the insured. The purpose of this is to ensure that the policy is limited to situations in which the insured does not have a personal vehicle they own. Rental vehicles and borrowed vehicles fall under different categories and are typically covered under other types of insurance, making them eligible for coverage under named non-owner policies. Vehicles used for business can also be addressed separately and may require distinct commercial auto coverage rather than being impacted by the exclusion of owned vehicles in named non-owner policies. Thus, the correct answer highlights the primary limitation of named non-owner coverage in relation to vehicles owned by the insured.