Other Business Auto Policy Forms
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Garage Coverage Form
only used to provide insurance to franchised and nonfranchised auto and trailer dealers.
provides for loss to vehicles left in its care; the garagekeepers coverage may be limited in such a way that it applies only when the insured is legally liable, or it may apply in a broader manner.
Garage Policy Symbols
- The garage policy uses these symbols
- 21—any auto
- 22—owned autos only
- 23—owned private passenger autos only
- 24—owned autos other than private passenger autos only
- 25—owned autos subject to no-fault
- 26—owned autos subject to a compulsory uninsured motorists law
- 27—specifically described autos
- 28—hired autos only
- 29—nonowned autos used in your (the named insured’s) garage business,
- 30—autos left with you (the named insured) for service, repair, storage, or safekeeping
- 31—dealers auto physical damage
Garage Operation Insuring Agreement
The first insuring agreement states the insurer’s promise to pay sums that an insured becomes legally obligated to pay as damages because of bodily injury or property damage resulting from the insured’s garage operations other than the ownership, maintenance, or use of covered autos. For garage liability coverage to apply, the insured’s legal liability for damages must be because of injury or damage that is caused by an accident and that results from garage operations.
Who Is Insured?
- Other Than Covered Autos- limited to apply to the named insured and the named insured’s partners, members, employees, directors, or shareholders, but only while they are acting within the scope of their duties.
- Covered Autos- is in most respects synonymous with the definition in the BAP. Customers of an auto dealership are precluded from insured status under the garage policy. Therefore, a customer must look to his own policy for liability coverage in the case of an accident that occurs while he is test-driving an auto before purchasing it.
Broad form Products Coverage (CA 25 01) Endorsement
The defective products exclusion can be deleted with the Broad Form Products Coverage (CA 25 01) endorsement, subject to a $250 deductible for any one accident.
was suitable for motor carriers that operate only on a "for-hire" basis.
Motor Carrier Policy
appropriate for either private motor carriers or for-hire carriers. The motor carrier and truckers forms afford liability, physical damage, and trailer interchange coverage—insurance for the trucker's liability for loss to a trailer in its possession under a written trailer interchange agreement.
Motor Carrier Act of 1980 (MCS-90)
The Motor Carrier Act (MCA) of 1980 requires that certain motor vehicles carry minimum limits of insurance coverage to satisfy public liability and environmental restoration claims that may arise from accidents while those vehicles are transporting property. (minimum limit= $750,000-$5 million)
amends the auto liability policy to comply with requirements of the Motor Carrier Act of 1980 (MCS-90)
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