CISR Commercial Casualty II Business Auto Policy Exam with Guaranteed Correct Answers

5 Parts that make up the Business Auto Policy - correct answer 1. Common Policy Declarations 2. Common Policy Conditions 3. Business Auto Declarations 4. Business Auto Coverage Forms 5. Endorsements The Business Auto Coverage Form - correct answer Designed to provide coverage for most Business Risks (Including auto service and auto repair) The Motor Carrier Coverage Form - correct answer Designed for businesses that transport materials, commodities, and goods for themselves as well as others The Auto Dealers Coverage Form - correct answer Designed for auto dealers and similar auto businesses Exposures Covered by the Business Auto Coverage Form - correct answer 1. Liability for the ownership, maintenance or use of covered autos - Owned, Non Owned (as defined in the BAC form), Hired or borrowed (as defined in the BAC form) 2. Physical Damage for losses to covered autos - Owned or Hired or borrowed (as defined in the BAC form) - Comprehensive - Specified causes of loss - Collision - Towing (Private passenger autos only) Endorsement Coverages - correct answer Medical Payments Personal Injury Protection Uninsured/Underinsured Motorist Accident - correct answer includes continuous or repeated exposure to the same conditions resulting in bodily Injury or property damage Auto - correct answer - A land motor vehicle; trailer or semitrailer - Designed for Travel on public roads - Land vehicle subject to compulsory or financial responsibility or other motor vehicle insurance law - Does NOT include mobile equipment as defined Bodily Injury - correct answer bodily injury, sickness or disease sustained by a person including death resulting fro