Two ISO Symbols Each car has two different types of ISO symbols.
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. Your ISO rating can frequently change as adjustments are made to make sure the ratings are as accurate a representation as possible. Commercial auto insurance symbols.
Symbols 2 3 and 4 Symbols 2 3 and 4 can be used to trigger liability or physical damage coverage. Symbol 1 is going to provide you the broadest coverage for your commercial vehicles because symbol 1 is designated any auto. The Business Auto Policy uses numeric symbols to indicate the types of vehicles for which coverage is in effect.
Symbols 1 through 6 provide vehicle automatic coverage. The applicable symbols are numbers 1 through 9. The symbol also applies to any trailer while it is towed by an owned vehicle.
Each Symbol has a corresponding Symbol relativity or factor that insurers can use to develop premiums. Covers any auto ANY AUTO 2 Covers any auto owned by the insured including those attained after the policy begins. The applicable symbols are numbered 1 through 9 and are found on the declarations page of your business automobile insurance policy corresponding to applicable coverage areas such as liability uninsured motorist medical payments etc.
Each Symbol has a corresponding Symbol relativity or factor that insurers can use to develop premiums for comprehensive and collision coverage. Using symbol 7 reduces the coverage to claims from vehicles listed on the policy only. 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.
Insurers sometimes use combination of symbols 8 and 9 for example to provide coverage for hired and non-owned autos. These symbols refer to certain coverages required by law in some cases and states. It provides selected liability and physical damage coverages on vehicles used for commercial purposes.