Chapter 10 Comerical Auto Coverage Flashcards

1
Q

What’s the least restrictive auto symbol?

A

Symbol 1 any auto used in the insureds business

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2
Q

What’s the most restrictive auto symbol

A

Symbol 7 specifically described vehicles listed in the declarations

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3
Q

What’s a common carrier ?

A

Business or organization that carry persons or property for a fee, the property belongs to the general public

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4
Q

Whats a contract carrier ?

A

A business or organization that carries persons or property for a fee, the persons or property is customer specific, carrier can refuse a contract

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5
Q

What does the truckers coverage form do?

A

Covers buiness exposures of motor carriers that transport goods

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6
Q

What does the truckers coverage form do?

A

Covers buiness exposures of motor carriers that transport goods

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7
Q

What’s section I of the garage keepers coverage form?

A

Section I is covered Auto’s

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8
Q

What’s section II of the garage coverage form?

A

Section II is liability coverage

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9
Q

What coverage form can contract carriers use ?

A

Only the motor carrier coverage form

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10
Q

What did the motor carrier act of 1980 do ?

A

Deregulated the trucking industry

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11
Q

Does comprehensive coverage cover collision?

A

No

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