What Do Insurance Auto Symbols Mean?

When you look at your auto insurance policy, you may wonder what each of the insurance auto symbols represents. These symbols are there to protect you and help you make better choices. Here are a few of them. Symbol 9 is an example of coverage that provides a named insured with vicarious liability. This type of coverage covers autos used in business, but it’s not enough to protect you if you drive a car you don’t own. auto insurance company quotes

Symbol 7

Insurance auto symbols come in many different forms. Symbol 7 is the most common one, appearing on a commercial auto policy. It’s a common form of coverage because it allows the policyholder to insure a specific vehicle. It’s similar to a personal auto policy in that owned vehicles are listed by VIN number, and the policyholder pays a premium to insure those specific vehicles. This type of insurance coverage is often the least expensive option.

Symbol 8

Symbol 8 is a symbol that accompanies Symbol 9 on an insurance auto policy. It indicates that the autos listed on the policy are covered by the policy. This includes autos owned by employees, partners, limited liability companies, household members, and other business entities. A business owner may use this symbol when team members are involved in auto accidents.

Symbol 9

Symbol 9 on insurance auto symbols denotes physical damage coverage. This type of coverage will pay for damages to an insured vehicle, even if it’s not owned by the insured. It applies to the auto and any trailers it towed. This type of coverage is most often used in the event of an accident.

Symbol 10

Symbol “9” of the insurance auto symbols is used to cover a non-owned auto. However, the coverage is limited to vehicles used in the insured’s business. It does not cover autos leased from an employee, partner, or household member.

Symbol 11

Symbol 11 is one of the most widely used insurance auto symbols, allowing consumers to differentiate between types of coverage. This symbol covers non-owned vehicles used for business purposes, but it does not cover vehicles that are hired by employees, household members, or business partners.

Symbol 12

The first of the insurance auto symbols, symbol 1, is a general type of insurance coverage. It covers any type of vehicle. It is also the most broad type of coverage, and many insurance companies avoid symbol 1 when possible. The symbol provides liability coverage, though it may not be the most expensive type of coverage.

Symbol 14

The “B” symbol on an insurance auto policy denotes a business vehicle, and should not be confused with “lease” coverage. The latter is intended to cover non-owned vehicles used for business purposes. While this type of coverage is often a good choice, it does not cover a hired vehicle. It also does not cover a car owned by a member of the business’ household.

Symbol 15

The insurance auto symbols are used to signify the type of coverage a vehicle has. The most common types of insurance coverage are no-fault and physical damage. This type of coverage is important to know because it will help you get the best coverage for your money.

Symbol 16

There are many different insurance auto symbols that can be confusing, so it is helpful to know what they mean before making a decision. Symbol 3 is the most common, covering private passenger vehicles. However, this coverage does not apply to commercial vehicles, buses, or trucks. In addition, it does not cover private passenger vehicles that a company leases or rents out to employees.