What does Symbol 6 in Commercial Auto Insurance provide coverage for?

Symbol 6 in Commercial Auto Insurance specifically refers to liability coverage for owned autos under a no-fault law. This means that it provides protection for the insured in cases where an accident occurs involving their owned vehicles, and the jurisdiction has a no-fault statute in place. In a no-fault system, each party involved in an accident is responsible for their own medical expenses and damages, regardless of who was at fault.

The coverage under Symbol 6 ensures that the business is compliant with any required no-fault insurance regulations, protecting them from financial repercussions stemming from personal injury claims that might arise from accidents involving the owned vehicles. This is crucial for businesses that operate vehicles regularly, providing peace of mind and financial security in line with state laws. Furthermore, the other options do not accurately represent the specific provisions of Symbol 6, as each relates to different types of coverage or vehicles not explicitly defined by this symbol.