Business-Use Auto Titled in Business and Individual’s Name
Small businesses are facing problems when buying a commercial auto for business use – banks often require the business and the business owner’s name be on the title. This has…
Virtual University
2 Overtly Useless BAP Endorsements
Lawyers make life interesting for the insurance industry. Often we outsmart them by creating endorsements to satisfy a request that, in effect, really do nothing other than make the lawyers…
Does a Sole Proprietor Need Symbols 8 & 9 AND Drive Other Car Coverage?
BAP Symbols 8 and 9, Drive Other Car coverage, and the Individual Named Insured endorsement…which is appropriate under what circumstances? Confusion abounds!
Triggering Coverage Under the Individual Named Insured Endorsement
For coverage, individuals must be named on the Drive Other Car (DOC) endorsement. Is the same true for the Individual Named Insured (INI) endorsement? Does the individual’s name or names…
Auto Insurance Suspensions & Lay-Up Endorsements
Commercial insureds may take vehicles out of commission during certain times of the year. Likewise, personal auto insureds might winter in Florida and want to suspend their auto insurance for…
What’s the Difference Between a Leased and Rented Auto?
The insured has had exclusive use of a moving van for over six months. It is in their possession every day and is never returned except for required routine maintenance…
Individual Named Insured vs. Drive Other Car Endorsements
One of the most frequently asked questions about the Business Auto Policy (BAP) is when and why do you use the Individual Named Insured endorsement (CA 99 17) as opposed…
Auto Insurance Suspensions Revisited
Contractors may have autos like dump trucks and semi-tractors that they want to “lay up” while the vehicles are not needed during a construction slow-down. One contractor was told he…
The BAP and Additional Insureds
From our “Ask an Expert” file: On a Business Auto Policy (BAP) can you add the owner of the premises you are doing a job for as an additional insured?…
Care, Custody & Control in the BAP
The issue of “care, custody and control” in insurance policy exclusions will probably be debated until the end of time. In this article, we’ll explore the issue of “CCC” with…
