2. Business auto policies have exclusions that limit
coverage. Be aware of the exclusions and
compensate for them. The top five are:
3. There is no coverage for injuries to your
employees arising out of the use of a covered
business auto. This makes workers’ compensation
insurance not just a luxury but a necessity.
4. There is no coverage for personal property in
your care, custody and control. This is because a
property policy typically covers personal
property. Business auto policies are liability
policies and cover bodily injury and property
damage to others.
5. In what is known as the “loading and unloading”
exclusion, the business auto policy covers events
that occur only during the actual delivery or
pickup of property.
6. There is no coverage for pollution losses arising
from any pollutants transported, towed or
handled by the insured except for pollution
stemming from the covered auto’s fuel source
and oils or fluids necessary to operate the
covered auto.
7. If, however, your insured vehicle hits some other
organization’s tanker truck, spilling the tanker’s
hazardous cargo, there is coverage for that type
of pollution loss.
8. There is no specific coverage for bodily injury or
property damage caused by your operation of
cherry pickers or similar devices
mounted on an auto or
truck chassis and used
to raise or lower workers.
When using this type
equipment, your
general liability policy
usually covers any loss.
