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Property and Casualty Insurance License Exam Cram™ by BISYS Educational Services

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Chapter 16. Commercial Auto Insurance

Terms you'll need to understand:

  • Bodily injury

  • Property damage

  • Comprehensive coverage

  • Specified causes of loss coverage

  • Collision

  • Covered autos

  • Garagekeepers coverage

  • Trailer interchange coverage

  • Individual named insured

  • Covered pollution cost or expense

  • Direct damage garagekeeper's

  • Business auto liability

Concepts you'll need to master:

  • Commercial auto coverage part

  • Business auto coverage

  • Who is an insured

  • Covered auto symbols

  • Business auto physical damage coverage

  • Garage coverage

  • Truckers coverage

  • Motor carrier coverage

  • Drive other car coverage

  • Employees as additional insureds

Businesses, similar to individuals, need both liability and physical damage coverage for losses that arise out of autos owned by or used in the business. ...

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