Auto Symbols Flashcards
(10 cards)
Any auto the insured will use during the policy period, including autos that are owned, leased, hired, rented, or borrowed.
Used to designate liability coverage only
Symbol 1 - Any Auto
-Any auto the insured owns
-Designates other coverages besides liability coverage
Symbol 2 - Owned Autos Only
-Any private passenger vehicle the insured owns
-Designates any coverage provided by the business auto coverage form
Symbol 3 - Owned Private Passenger Autos Only
-Other types of vehicles the insured owns such as trucks, trailers, buses, and motorcycles
-Designates any coverage provided by the business auto coverage form
Symbol 4 - Owned Autos Other Than Private Passenger Autos Only
Designates owned autos required to have no-fault benefits in a particular state
Symbol 5 - Owned Autos Subject to No-Fault law
Designates owned autos required to have uninsured motorist coverage in a particular state
Symbol 6 - Owned Autos Subject to Compulsory Uninsured Motorist Law
Applies only to auto specifically listed in the business auto coverage form declarations
Symbol 7 - Specifically Described Autos
-Designates liability and/or physical damage coverage only
-Only used for autos the insured has leased, hired, rented, or borrowed
-Does not include autos rented or borrowed from employees or members of their households
Symbol 8 - Hired Autos Only
-Only used for autos used in the insured’s business that are not leased, hired, rented, or borrowed
-Includes autos owned by employees but used in the insured’s business or personal affairs
-Designates Liability coverage only
Symbol 9 - Non-owned Autos Only
Autos that would be considered mobile equipment if they were not subject to the compulsory or financial responsibility laws or other motor vehicle laws
Symbol 19 - Mobile Equipment Subject to Motor Vehicle Laws Only
