As the number of vehicles grow however the coverage lessens this is the broadest coverage Symbol 2.
Commercial auto covered auto symbols. Symbol 3 owned private passenger autos only. Symbol 7 specifically described autos in Item Two that refers to or includes autos. This makes the covered auto symbols the key to the Business Auto Coverage Form.
Regardless of the autos status as owned nonowned hired borrowed or other status it is covered. Symbol 3 designates private passenger autos only while symbol 4 triggers coverage for commercial vehicles only. Symbol 2 initiates coverage for all autos you own including private passenger type autos and commercial vehicles trucks.
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. Auto insurance coverage symbols commercial auto symbols chart pdf iso auto coverage symbols auto symbols 7 8 9 business auto coverage form symbols covered autos symbols symbol 11 auto iso auto symbol 10 Chhatrapathi Shivaji International economic downturn according to conduct thorough analysis will comply with compensation or arrange cheap holidays of Florida. 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.
Any as provided in Symbol 1 contains no limitations. Covers any automobiles you own. A business auto insurance policy uses symbols to identify which vehicles receive which coverages.
The symbol also applies to any trailer while it is towed by an owned vehicle. Covers any auto that is used for business purposes whether you own the vehicle or not. Nine pre-defined coverage symbols 1-9 trigger protection to a progressively narrowing definition of insured vehicles.
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. This includes trailers as well as any automobiles you purchase once the policy is bound.