Which of the following statemtents is correct:
1. The BAP uses 10 symbols to define covered vehicles
2. Symbols 30 and 31 apply to the Garage Pollicy
D) Both 1 and 2
Which of the following is not a Commercial Auto endorsement?
C) Change Other Driver
Under the BAP, each of the following is true about classification of "covered autos" EXCEPT:
C) All classes of newly aquired autos are automatically covered
According to the Business Auto Definitions, an "accident":
C) Is an event that causes injury or damage
B) Includes continuous or repeated exposure to the same condition
Joseph Young, who is insured under a BAP, is involved in an accident. He and his insurance company disagree on the amount to be paid for the damage to his car. Under the terms of the policy, which of the following is true:
C) Each party engages an appraiser and the appraisers will select an umpire
Under the Truckers Policy, which of the following is an additional coverage:
C) Trailer interchange
Which of the following is considered a "garage operation"
1 - Ownership, maintenance or use of garage premises
2 - Sale of products or services in connection with garage operations
3 - Ownership or maintanence of covered autos
4 - Production or support of racing or competitive operations
B) 1, 2, and 3 only
Which of the following would be covered under a garage liability policy?
A) Products and completed operations
Which of the following pollutions losses would be covered under the garage liability policy?
1 - Escape of toxic sludge from a dumpsite the named insured utilizes to store garage waste
2 - Pollution of a creek caused by a gasoline leaking from the ruptured fuel tank of a covered truck following a collision with another truck
D) 2 only
Garage Keepers coverage excludes all of the following EXCEPT:
B) Loss to a high-value stereo system permanently installed in a covered auto
