Covers any auto ANY AUTO 2 Covers any auto owned by the insured including those attained after the policy begins.

Commercial auto insurance vehicle symbols. Commercial auto policies specify the extent of coverage by using symbols to indicate what vehicles are included in the coverage. Symbol 1 Any auto Symbol 2 Owned autos only Symbol 3 Owned private passenger autos. Commercial auto insurance policies have different symbols or endorsements to dictate specific coverages extended by the business auto policy.

Symbol 2 initiates coverage for all autos you own including private passenger type autos and commercial vehicles trucks. Insurers sometimes use combination of symbols 8 and 9 for example to provide coverage for hired and non-owned autos. Liability and PIPMedical Payments LPMP Symbols are codes that indicate the relative risk of loss for each private passenger vehicle series.

ISO symbols are vehicle specific and are affected by the conditions under which your vehicle is kept. Symbol 1 is going to provide you the broadest coverage for your commercial vehicles because symbol 1 is designated any auto. The Business Auto Coverage Form commercial auto insurance is designed to respond to the commercial vehicle exposures and requirements of most business enterprises and has many different endorsements available to customize it to respond to special needs or situations.

If your car is kept safely in a garage for instance your ISO rating will be lower than if it is constantly exposed to the elements. Any auto you own rent hire lease and any non-owned autos. Each Symbol has a corresponding Symbol relativity or factor that insurers can use to develop premiums.

When it is selected any auto whether owned nonowned hired or otherwise is a covered auto. Symbol 1Any Auto Symbol 1 is designed to be used only for liability coverage. Provides automatic coverage for autos the insured newly.

Your ISO rating can frequently change as adjustments are made to make sure the ratings are as accurate a representation as possible. This is the broadest symbol available and is thus preferred by most insureds. This post deep dives into the different symbols available to help Georgia business owners uncover what their busi.