What are the covered vehicles under Symbol 7 in Commercial Auto Insurance?

Study for the Delaware Casualty Adjuster Exam. Utilize practice questions, detailed hints, and comprehensive explanations. Get prepared to ace your exam!

Symbol 7 in Commercial Auto Insurance refers specifically to "Specifically Described Autos." This designation indicates that the policy provides coverage exclusively for the vehicles that are explicitly listed and described in the policy documents. These vehicles could include cars, trucks, or any other vehicles that the business owns and has provided detailed information about in the coverage agreement.

The focus on specifically described autos means that coverage is limited to those vehicles named within the policy, rather than applying broadly to all owned or leased vehicles. This is significant for businesses that may operate a fleet of vehicles but only want to assure coverage for those that are actively listed within their insurance policy.

In contrast, the other options refer to broader categories or different types of vehicles not encompassed by Symbol 7. Hired autos refer to vehicles rented or leased for business use, any owned vehicle implies a more extensive range than what Symbol 7 covers, and non-owned vehicles pertain to vehicles that are not owned by the business but might be used in its operations, which would not be covered under the specific limits of Symbol 7.

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