Commercial Automobile Insurance

Coverage Checklist

The business auto coverage form is the predominant form for firms insuring their automobile exposures. In auditing an insured under this form—or the related garage and truckers policies of Insurance Services Office (ISO)—careful attention must be given to the numerical symbols listed in the policy declarations designating which autos are insured for the various coverages. What would seem merely to be a small clerical oversight in entering these symbols could have grave consequences for the insured.