This symbol used only for liability coverage not physical damage generally means every auto involved with your business including those.
Commercial auto insurance covered auto symbols. These are called covered auto designation symbols. Unlike a personal auto policy these can be significantly harder to understand as they are rated using specific numbers called symbols. These symbols called covered auto designation symbols include the numbers 1 through 9 plus 19.
Commercial auto coverage symbols chart iso commercial auto coverage symbols auto symbol 7 commercial auto coverage codes insurance commercial auto symbols symbol 10 auto coverage auto symbols 27 28 29 Keywords Tags low-budget domestic flights inexpensive as efficiently as moments notice. Nine pre-defined coverage symbols 1-9 trigger protection to a progressively narrowing definition of insured vehicles. Liability Coverage Auto Symbols 1 Any Auto This is the broadest symbol designation and covers any auto 2 Owned Autos Only This symbol covers any auto owned by an insured including any auto that is acquired after the policy begins.
This makes the covered auto symbols the key to the Business Auto Coverage Form. The symbol also applies to any trailer while it is towed by an owned vehicle. Each symbol represents a category of covered autos.
49 stars - 1885 reviews. Owned by you Leased rented borrowed by you Non-owned by you. This is especially true when shopping for a California commercial automobile policy.
Each number represents a category of covered autos. Regardless of the autos status as owned nonowned hired borrowed or other status it is covered. Symbol 1 - Any Auto.
For example Symbol 1 extends protection to Any Auto while Symbol 7 provides coverage for only Specifically Described Autos See the BAP for each symbols definition. A common alternative to Symbol 1 on your auto commercial insurance is a combination of Symbols 7 8 and 9. Reference Commercial Auto Insurance for an explanation of the coverages provided by a standard business auto policy but here we will focus on how those coverages are connected to vehicles using the symbols.