Commercial Automobile Coverage - The Business Auto Policy

2

Business Auto Symbol ____ covers trailers, but only for liability

1

Business Auto Symbol ____ provides the broadest coverage because it has no limitations or restrictions the type of auto that is covered

liability

Business Auto Symbols 6, 7, 8, 9 and 19 provide coverage for _____ only

1 through 5

Business Auto Symbols ____ through ____ permit the insured to purchase liability coverage, physical damage coverage, or both

monoline

Commercial Automobile policies can be written as a _____________ policy, or as part of a Commercial Package Policy

8

Symbol ____ of the Business Auto policy, does NOT cover autos that have been leased, hired, rented, or borrowed from an employee, business partner, LLC member, or any of their households

1

The Business Auto form provides coverage in section _____ of the policy through coverage symbols

5

There are _______ Commercial Automobile forms that can be added to a Commercial Package Policy to cover Commercial Automobile exposures of businesses

9

To be covered for liability when the insured under a Business Auto policy borrows a vehicle from an employee, Symbol _____ must be purchased

A) Symbol 3

Which of the following Business Automobile policy symbols permits the insured to purchase coverage for both liability and physical damage? A) Symbol 3 B) Symbol 7 C) Symbol 6 D) Symbol 19

2

Section ____ of the Business Auto coverage form providers coverage for liability

9

Symbol ____ is used to provide liability coverage for the use of autos that the named insured does NOT own, lease, hire, rent or borrow, but is used in the business

7

Under Symbol ____ of a Business Auto policy, newly acquired vehicles must be reported to the insurance company within 30 days of the acquisition date

A) 5

Under a Business Auto policy, which coverage symbol indicates that a car is subject to mandatory no-fault insurance as required by state law? A) 5 B) 7 C) 2 D) 9