Install
Commercial Auto terms
Fleets, trucks and the vehicles of work.
Business auto policy (BAP)The commercial policy covering liability and physical damage for vehicles a business owns, hires or borrows, with covered autos chosen by numbered symbols.Combined single limitOne dollar cap per accident on everything a liability policy pays for injuries and property damage together, instead of separate caps for each.FleetA group of business vehicles insured together under one commercial auto program, often five or more, and rated more on the group's losses than on any one unit.Garagekeepers coverageCoverage for damage to customers' vehicles while they are in your care, such as at a repair shop, parking lot, car wash or valet stand.Hired and non-owned autoLiability coverage for accidents in vehicles your business rents or borrows, or that employees and others use on your behalf but you do not own.MCS-90A federal endorsement on a trucker's liability policy that guarantees payment of judgments to the public up to the federal minimum, even for excluded losses.Motor truck cargoCoverage for a trucker's legal liability when a customer's freight is lost, stolen or damaged while in the carrier's care during transport.