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The Business Auto Policy uses numeric symbols to indicate the types of vehicles for which coverage is in effect. Only those symbols listed for a coverage can be used. Symbols 1 through 6 provide vehicle automatic coverage. Symbol 1 includes Hired and Non-Owned auto coverage.
The ISO Business Auto Coverage Form (BACF) is a standard insurance form used by many insurers to provide commercial auto coverages. The BACF utilizes a set of numbers, called covered auto designation symbols, to indicate the types of autos that are insured for each kind of coverage.
Commercial Auto Symbols – Part 1. Have you examined the insurance policy that covers your business vehicles? If so, you may have noticed the little numbers that appear next to each listed coverage. If you’re not familiar with these numbers and their meanings, here’s what you need to know: Covered Auto Designation Symbols
Have you ever closely examined the insurance policy that covers your business vehicles? If so, you may have noticed the little numbers that appear next to each listed coverage. Perhaps you're familiar with these numbers and their meaning. If not, please see below. Covered Auto Designation Symbols
Here are a few general guidelines that will be helpful when deciphering your policy: Each symbol represents the type of vehicle protected by the applicable liability or physical damage limit. The symbol may apply to the type of vehicle covered or the vehicle’s ownership status.
Each symbol represents the type of vehicle protected by the applicable liability or physical damage limit. The symbol may apply to the type of vehicle covered or the vehicle’s ownership status. The various terms within your policy have specific definitions that you should become familiar with.
These are the main symbols you will see on your policy, though the list continues. You might encounter other symbols, especially if your business uses mobile equipment like a forklift (Symbol 19), or if policy includes coverage for Garagekeepers Liability, possibly as a car dealer (Symbol 31).
auto coverage symbols. Auto coverage symbols are Arabic numerals (1–9 and 19 for business auto, 21–31 for garage, 41–50 and 59 for truckers, and 61–71 and 79 for motor carrier) used to denote to what category of autos a commercial auto policy's various coverages will apply.
An auto symbol is a code that indicates what - or who - is protected when operating your business vehicle. The symbols found on a standard business auto policy are numbered 1 - 9 and 19. Here’s what they mean.
Here are a few general guidelines that are helpful when deciphering your policy: Each symbol represents the type of vehicle protected by the applicable liability or physical damage limit. The symbol may apply to the type of vehicle covered or the vehicle’s ownership status.