Which type of vehicles would be covered under a business auto policy with symbol 1 designated for liability coverage?

Prepare for the Auto Insurance Exam with study tips, flashcards, and multiple-choice questions. Each question includes hints and explanations to ensure you're exam-ready!

The designation of "symbol 1" in a business auto policy signifies that coverage applies to "any auto." This means that the policy covers all types of vehicles, including those that are owned by the business, those that are rented or hired, and even non-owned vehicles, such as personal vehicles driven by employees on behalf of the business.

This broad coverage is particularly beneficial for businesses that need flexibility in their vehicle use. It provides a comprehensive shield against liability that could arise from the use of various vehicles in business operations, ensuring that the company is adequately protected regardless of which vehicle is involved in an incident. As a result, choosing symbol 1 is advantageous for businesses that have diverse vehicle usage needs.

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