Utah Property and Casualty Insurance Commercial Auto (Accurate answers)

5 coverage forms used for Commercial Auto Insurance correct answers Business Auto Coverage Form, Business Auto Physical Damage Coverage Form, Garage Coverage Form, Truckers Coverage Form, Motor Carrier Coverage Form What symbols are used in Business Auto Coverage Form? correct answers 1=Any Auto, 2=Owned Autos Only, 3=Owned Private Passenger Autos Only, 4=Owned Autos-Other than Private Passenger, 5=Owned Autos subject to No-fault, 6=Owned Autos subject to a Compulsory uninsured motorist law, 7=Specifically Described Autos Only, 8=Hired Autos Only, 9=Non Owned Autos Only, 19=Mobile equipment subject to compulsory financial responsibility or other motor vehicle insurance law Only. What Coverage is Provided in the Liability section of Business Auto Coverage form? correct answers Bodily injury or property damage to third-parties caused by an accident resulting from the insured's ownership, maintenance or use of any covered auto. What types of physical damage coverage may be insured against under Business Auto Physical Damage coverage? correct answers Comprehensive coverage, Specified causes of loss coverage, Collision coverage, towing coverage. What are the 2 parts of the Garage coverage form liability section? correct answers Garage Operations-Other than Covered Autos and Garage Operations-Covered Autos How is insured defined in garage operations? correct answers The individual or organization named in the declarations and Partners, employees, directors, officers, and shareholders, while acting within the scope of their duties. What does Truckers Coverage cover? correct answers Businesses that transport goods for others. What does a Common Carrier do? correct answers Transport goods for anyone. What does a Contract Carrier do? correct answers They have written contracts with other companies to haul their merchandise. What is a Private Carrier? correct answers A Business that uses their vehicles to carry their own goods. Can Private Carriers be covered under Truckers Form? correct answers No, they can be covered under Business Auto Coverage Form or Motor Carrier Coverage Form. What is trailer interchange coverage? correct answers Covers loss or damage to a non owned trailer in the insured's care, custody or control, if the insured is legally liable for the damage. Coverage can be provided for collision, comprehensive, or specified causes of loss.